Boomtown Fair founders react to Live Nation deal
The Boomtown team have spoken out on the circumstances that prompted them to sell a 45% stake in the festival to LN, Gaiety and SJM
News By James Hanley | 17 August 2022
The team behind Boomtown Fair have spoken out on their decision to sell a minority interest in the festival.
In a statement, Boomtown’s co-founders Luke Mitchell and Christopher Rutherford clarify the breakdown of the deal – which sees Live Nation and Gaiety each taking an 18% stake, with SJM Concerts also taking 9% – while also discussing the financial pressures that led to the move.
“For us as a business, our vision has always been very clear, we are a festival like no…
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