Global acquires Victorious and Hideout Festivals
There's "more to come", says Global Entertainment as it grows its festival portfolio to 17 events in the UK, Europe and North America
News By | 21 March 2017
Just four days after IQ revealed the UK’s largest festival promoter, Live Nation, had acquired Isle of Wight Festival, the second-largest – Ashley Tabor’s Global Entertainment – has made two buys of its own.
With the acquisition of majority stakes in Victorious Festival, a family-friendly festival in Portsmouth, in southern England, and Hideout Festival, an electronic music event on the Croatian island of Pag, Global’s festival portfolio now stands at a total of 17 events, cementing its position as a major player in the increasingly consolidated international festival market.
Global Entertainment, initially headed up by ex-AEG CEO Randy Phillips (now at LiveStyle, the former SFX) entered the festival business in 2015 following the acquisition of Broadwick Live.
“We are continuing to grow our portfolio, with more…
You've used your free article this month
Create a free account to read 3 articles per month, or subscribe for unlimited access.
