‘It’s a credit crunch’: Why are so many festivals cancelling again in 2024? (Resident Advisor)

By |2024-07-05T20:31:05-04:00July 5th, 2024|Editorial, festival, International, Report, Resident Advisor|

  Promoters and production agencies assess how turbulent economic conditions and shifting audience trends are impacting the industry.    When London one-dayer 51st State cancelled its event last month, it became the 44th UK festival to do so in 2024.   51st State's reasons—low ticket sales, soaring operational costs and a general lull in engagement [...]