Ministerial Submission MS24-002336—withdrawal Of Revive Live Funding Offer For Playbill Venues Pty Ltd.

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A ministerial submission recommends withdrawing a $54,704 Revive Live grant to Playbill Venues Pty Ltd for accessibility upgrades at the Hordern Pavilion in Sydney. The withdrawal is proposed because the organisation became ineligible after its parent company, Playbill Group, was acquired by international entertainment provider AEG Presents in September 2024, resulting in 90 per cent international ownership. The Revive Live program requires majority-Australian ownership, including parent companies. The applicant notified the department of the ownership change after ministerial approval but before a funding agreement was finalised. The department was unaware of the pending acquisition during assessment. The submission notes the grantee is aware withdrawal is likely and that proceeding could attract criticism from other internationally-owned applicants rejected during assessment.