The British Music Experience was a permanent exhibition, taking up more than 20,000 square feet, installed into The O₂ Bubble, part of The O₂ in Greenwich, London. Opened with a private concert by The View in March 2009, it featured a retrospective look at the British music industry since 1944. The museum closed on 30 April 2014 and announced it was looking for a new home. On 10 September 2015 it was confirmed that the new home for the British Music Experience would be the Cunard Building on Liverpool's waterfront.
Spearheaded by music mogul Harvey Goldsmith, designed by Land Design Studio and funded by The O₂ owners AEG, BME was created to fill a gap in the UK Heritage sector for Rock and Pop Music. Previously, the National Centre for Popular Music in Sheffield had attempted to achieve this but failed to attract visitors and was eventually closed.
The British Music Experience has been set up as a charitable trust and has been funded by £9.5m worth of investment from AEG who hoped to recoup their costs within five years. Sponsorship agreements with The Performing Rights Society, Gibson Guitars and Sennheiser amongst others have helped establish the exhibition. In 2010 the UK's fifth biggest food retailer, The Co-operative Group, signed on as the exhibition's main sponsor, pledging to give away 15,000 tickets over the next three years.