Tomorrowland discusses approach to recouping €25m losses
The electronic music brand is attempting to “cushion the financial hangover” from six cancelled festival weekends between 2020 and 2021
News By IQ | 25 July 2022
Tomorrowland’s chief has discussed the festival’s attempts to recoup some of the €25 million it lost between 2020 and 2021.
As previously announced, the Belgian festival was granted a permit for a third festival weekend this year to “cushion the financial hangover” from six cancelled festival weekends, including four in Belgium (Tomorrowland 2020 and 2021) and two in France (Tomorrowland Winter 2020 and 2021).
This year’s extended edition will see a record 600,000 people descend on De Schorre park, Boom, between 15–17, 22–24 and 29–31 July.
The sold-out…