UK fests cancel as industry calls for new fund
As Boomtown cancels, the UK live industry has asked the prime minister to create a new safety net for summer shows
News By IQ | 20 April 2021
As more UK festivals cancel, the live industry has written to prime minister Boris Johnson asking for a ring-fenced portion of the Culture Recovery Fund (CRF) to create a new contingency fund for live events.
The email landed in Johnson’s inbox just hours before the 70,000-capacity Boomtown festival became the latest casualty to cancel due an ongoing lack of insurance for events.
The letter, which is signed by all members of LIVE (Live music Industry, Venues and Entertainment), UK Music, as well as Festival Republic’s Melvin Benn, Live Nation UK & Ireland chairman Denis Desmond, and Kilimanjaro’s Stuart Galbraith, references being “at an impasse” with DCMS and Treasury officials, and emphasises “a complete market failure in the insurance market with regards to the…
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