Sziget Festival to launch globally
James Barton, former Live Nation exec and Creamfields Festival founder, and Paul Bedford, former financial director of Cream Group, join the firm
News By | 16 January 2017
Sziget Festival is to roll out globally following the sale of a 70% stake in Sziget Cultural Management to Providence Equity Partners. The global asset management firm plans to launch between eight and 10 new festivals over the next few years.
James Barton, former president of Electronic Music for Live Nation and Creamfields Festival founder, and Paul Bedford, former financial director of Cream Group, have joined the firm to lead international expansion of the Hungarian festival brand.
Sziget’s current management retain a…