Insomniac founder Pasquale Rotella is ready to announce an acquisition he closed with Pete Kalamoutsos in 2019 — the purchase of Club Glow, which includes the iconic 34,000-foot Echostage and the smaller Soundcheck in Washington D.C.
The deal closed more than a year ago with plans to announce at Winter Music Conference, but the coronavirus pandemic put those plans on hold, says Kalamoutsos, a 20-year-veteran in nightlight. Through Glow, Kalamoutsos has brought world-class artists such as Diplo, Armin van Buuren, Calvin Harris and David Guetta to Washington, D.C., and says this partnership will mean bigger events in the market coupled with the stellar production Insomniac is known for.
“We have have been working together in the past few years promoting dance music culture and I’m always watching for people who make an impact,” Rotella tells Billboard. “A goal of mine has always been to work with the people that are essentially cut from the same cloth and have the passion with the roots to the culture. Pete’s a fan he’s stuck with it and what he started is as popular today. And he is pushing the music forward and pushing the culture for forward.”
Kalamoutsos will remain in Washington to manage the 34,000-square-feet Echostage venue and nightclub, which has regularly been selected by multiple dance music magazines as one of the most popular nightclubs in the world. Glow will become an East Coast anchor for Insomniac, which is owned by Live Nation, and fans can expect collaborative events when the Echostage is allowed to reopen.
“There’s no limit,” Rotella says. “We at Insomniac need support with entrepreneurs that are passionate, that are smart, that can help us grow globally. With these partnerships coming together and expanding to the East Coast, having Glow as an anchor has been amazing and it just ties into everything together.”
Kalamoutsos added that the announcement was made for the employees to know their jobs will be there when they can come back. “It’s good to give them hope,” he says. “We’re coming back, it’s going to be bigger than ever and we’ve got incredible things planned cant wait to tell everyone about.”