Taking up a corner in Dublin’s central docklands, the O2 is the long-overdue replacement to The Point Depot. Now with a capacity of 12,000 and what is promised to be “world class” acoustics, the Dublin O2 is already promising to be one of the best venues in Europe (as with its London equivalent). The O2 is part-owned by Live Nation. Mike Adamson of Live Nation Ireland revealed that Irish fans had been short-changed when attending major events in the previous venue due to size restrictions. "It wasn't always possible to get every show touring in Europe into the venue because of restrictions. It is now.”