Superstruct buys festival giant The Music Republic
The Valencia-based festival and concert promoter is behind iconic Spanish festivals such as Arenal Sound and Benicàssim
News By Lisa Henderson | 23 January 2023
Superstruct Entertainment has bought The Music Republic, the promoter behind iconic Spanish festivals Arenal Sound and Benicàssim (FIB). Providence Equity-backed Superstruct reportedly acquired 100% of the Valencia-based organiser for around €120 million, to be paid over the next five years.
Following the purchase, The Music Republic founders, brothers David and Toño Sánchez, will “continue to have full control and power in decision-making”.
The brothers founded the company in 2010 with the launch of Arenal Sound, a 60,000-capacity festival that…
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