Universal Concerts has purchased Denver-based Fey Concerts, the region’s top concert promotion firm. The pact further enhances Universal’s profile in the important touring market and culminates a five-year partnership with founder Barry Fey.
The seven-figure deal, which is expected to be announced today at a press conference in Denver, gives Universal access to Fey’s strong links to all levels of talent and managers.
He has been considered the preeminent promoter in that part of the country for more than two decades.
Fey will remain a consultant to Universal, but sources said he also is considering bowing an operation in Las Vegas, which recently has become a touring act hot spot with venues such as the Hard Rock Cafe and the Aladdin Theatre for the Performing Arts vying for contemporary talent.
Currently, promoter Bill Silva is the leading pop-music talent promoter in the Las Vegas region along with partner Andrew Hewitt.
Universal paired with Fey in 1992 to boost its profile in the Rocky Mountains region and to give Fey a deep-pocketed partner with the resources to help land the big road shows.
None of the parties involved would comment.