Poland’s Fest Festival files for bankruptcy
Follow The Step's flagship festival has been faced with a number of financial challenges in its four-year existence
News By Lisa Henderson | 7 August 2023
Fest Festival, one of the fastest-growing music festivals in eastern Europe, has filed for bankruptcy after selling only 50% of its tickets for the 2023 edition.
The fourth edition of the Follow The Step-promoted event was due to take place this weekend (9–13 August) at Silesia Park in Chorzów, near Katowice, with acts including The Chemical Brothers, Peggy Gou and Kasabian.
Today’s announcement comes two months after the Polish promoter cancelled the second edition of its Warsaw festival, On Air.
In a statement published on Fest Festival‘s website, organisers said today is “the most painful day in the history of Fest Festival”.
“Our festival was in a phase of dynamic growth, with attendance increasing by over 30% each year,” reads the statement. “Such dynamic development…