A big brand change for Christchurch events company Vbase - is going to come with an equally big price tag

The City Council-owned company has revealed the cost of becoming Venues Otautahi - will be just under 50 thousand dollars, including venue signage, uniforms and website costs - which will come out of the annual budget.

The company owns and manages the Town Hall and Christchurch Arena - and runs facilities such as the Airforce Museum and Hagley Oval.