state of survival survival of the fittest event

It’s been a very strong year,” he says.īoth Lord’s festival and nightclub businesses were acquired by LNE in 2016, and while he says the huge conglomerates have an important role to play in maintaining a buoyant festival market, he is concerned that grassroots festival will have a tough time this year. “Brexit hasn’t done any favours in terms of getting infrastructure in from Europe and costs are rocketing across the board with suppliers, but we are certainly selling tickets.

Night time economy advisor for Greater Manchester Sacha Lord (pictured), who co-founded the 80,000-capacity Parklife festival and club night brand The Warehouse Project, says the former is almost sold out this year and the latter has seen “tremendous” ticket sales. Glastonbury is not the only UK festival to have already sold out well in advance, among the others is the stalwart independent Green Man (25,000), while many others are seeing strong demand. I think we’re in for a rough ride.” – Sacha Lord, Parklife co-founder “In 20 it’s going to be a matter of holding your nerve. So, although we have a great premium business we are seeing demand strong on all levels, whether it’s a $19 ticket or premium at the stadiums and arenas.” The majority of the tickets sold are $50 to $75. While the big names are making the headlines with sold out runs of dates, Rapino has insisted demand remains strong for shows across the board: “A concert ticket is still a really affordable ticket. Having reported record summer results and $6.2 billion (£5.5bn) in third quarter 2022 revenue, up 63% on the equivalent pre-pandemic period in 2019, Live Nation Entertainment (LNE) CEO Michael Rapino is among those who has expressed informed optimism about 2023.

210,000), Taylor Swift’s US stadium run or Peter Kay’s 110-date arena tour, there are no shortage of examples of incredible demand remaining for top-draw live entertainment shows despite inflation and interest rates making life difficult for consumers. With everyone across the major live events industry immersed in preparations for the summer season, Access gauges the views of key events professionals on the challenges and opportunities that lay ahead. Features Festival Live Event Music Organiser Sports Supplier Venues

State of survival survival of the fittest event