SJM Concerts and Dennis Desmond are buying into Vince Power's Benicàssim festival to in a deal designed to assure the future of the popular Spanish event amid fears that
the flagging Spanish economy was again affecting ticket sales. Power said in a statement: "The difficult economic climate coupled with the bad year suffered by Music Festivals plc has prompted my decision to sell a major shareholding in Benicàssim festival. I am pleased that two of Europe's best known festival promoters are now taking part".
No comments:
Post a Comment