Festivals detail fallout from Lyte’s shutdown

Details of the fallout from the sudden closure of US-based ticketing exchange firm Lyte have begun to emerge.

Lyte shut down in mid-September after ten years of operation, with CEO and founder Ant Taylor confirming that an “emergency board/creditors effort [is] underway” to find a potential buyer to repay punters and promoters affected by Lyte’s sudden shutdown.

Since then, some of Lyte’s clients have spoken out – and even taken legal action – against the firm, which reportedly…

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