Economist Will Page delivers his festival forecast
The former Spotify and PRS for Music chief economist offers his take on how the UK circuit can rebound from this year's struggles
News By James Hanley | 19 July 2024
Former Spotify and PRS for Music chief economist Will Page has offered his take on the “crisis” engulfing the UK’s festival scene.
Page recently penned an op-ed, We’ve Got To Rethink Festivals, for Music Business Worldwide, in which he pored over the cancellation of more than 50 festivals in the UK in 2024 and considered what it meant for the live business looking ahead.
The list of events either postponed, cancelled or shut down includes NASS Festival, Bradford’s Challenge Festival, El Dorado, Pennfest, Connect Music Festival, 110 Above Festival, Leopollooza, Long Division, Bluedot, Barn On The Farm and Towersey Festival – the UK’s longest-running independent – with the majority of organisers blaming significant increases in operational costs.
Speaking to IQ, Page pinpoints five key factors…
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