Darren Cavan is the new general manager for the Globe Live Studios on Front Street. (Liam Prendergast / CHLY 101.7FM)

Weeks after announcing he was stepping away from managing daily operations, The Globe Live Studio owner Richard Scott has officially sold the business. In a July 10th Facebook post to his personal account, Scott confirmed the sale, marking the beginning of a new chapter for one of Nanaimo's few all ages music venues.

Scott clarified that the sale was for the business operating as The Globe Live Studio, not the building itself. He also explained why he remains confident in the venue’s future despite the change in ownership.

“I have 100% confidence that nothing will really change as far as operations, just more competent people will be in the background,” said Scott.

CHLY reached out to the new ownership of The Globe Live Studio for comment. While the new ownership group would like to remain anonymous to the public, newly appointed General Manager Darren Cavan agreed to speak on behalf of the ownership group.

“Myself, I had been pondering an offer on it, but I'm not really a quick mover. I'd had some conversations with Rich and Finn, and even now, I mean, it's pretty open amongst the community that I am, you know, working in negotiations to buy a percentage of it myself, if not majority ownership. So at this point, we've just kind of put me out as the face of things for now,” said Cavan.

Looking ahead, Cavan says the plan is to focus on building the venue's community and eventually restoring paid staff positions.

“I feel, you know, the more urgency is in building a community, and then continuing to build the name, and hopefully, ideally, bring a paid staff back on.”

Cavan explains that his commitment to The Globe is both personal and professional, driven by his son's experiences performing at the venue and his decades of business ownership across multiple industries.

“So musically, my interest is mostly in terms of my son and for keeping this an open venue for everybody. In terms of business, I've been in business for myself since I was 25 years old, which goes back almost 25 years now. Most of my experience is in sales, marketing, and actually the construction industry. So not really industry-specific, but, I have owned, like I said, multiple different businesses, most of them successful.”

The ownership transition does not mark the end of Scott's involvement with The Globe, as he will continue working at the venue as a sound technician.

“Don't worry, nothing will change as far as operations, and how the bands and the Globe interact, because I'll still be here doing what I do, doing what I can to make the place as awesome as I can.”

The new ownership group shared its proposed event policy and pricing model in a Facebook post, outlining how future events will operate at the venue.

“For anyone/everyone wondering about the event policy, specifically the pricing, here is the policy. Revenue 60/40 split with the band getting the 60% and the venue getting the 40%”

As The Globe Live Studio begins its next chapter, the venue will continue hosting live events throughout the summer. You can find upcoming events and updates at theglobelivestudio.com or through The Globe Live Studio’s Facebook page.

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