In 2009, the Academy Music Group took a majority stake in the venue, rebranding it the O2 ABC.

On 15 June 2018, the building was severely damaged by a fire outbreak causing the main roof of the venue to collapse.

the roof structure, the ground level of the building remained the car park while the dance floor became the stalls of the cinema.

The main entrance of the cinema was reached by the twin staircase; which is still there today, as well as the option of two lifts to use.

A major interior conversion project of the former ABC1 cinema building was started in 2002 and then in 2005 the fit-out was completed.

In 2009, the Academy Music Group took a majority stake in the venue, rebranding it the O2 ABC.

The building hosted regular events in the form of live music performances and nightclub parties.

O2 ABC Glasgow turned into a nightclub venue for three events during the week names; Jellybaby, Propaganda and Love Music.