There is nothing that gets The Gen’s pulse racing faster than a bit of chat about acquisitions, mergers and the like – especially when such acquisitions are actual fact as opposed to fevered speculation.
Global, the company that is comprised of Global Radio and Global Entertainment, which has live, touring, publishing and management divisions, has announced several new acquisitions of UK festivals.
South West Four, Field Day, Boardmasters, Rewind, Y Not and Truck festivals have all joined the global fold and in addition, the company has purchased a further stake in Festival No 6 andSnowbombing promoter Broadwick Live.
South West Four, Field Day, Boardmasters and Rewind were previously part of the Impresarioportfolio, while Y Not and Truck were owned by Count of Ten. Broadwick Live in itself has partially acquired the Standon Calling, Glass Butter Beach and Lost Village festivals.
Celebrating the launch of Global’s game of festival Pac-Man, Director of Global’s live and touring division Sam Bush said: “We took a stake in Broadwick Live just over a year ago. We’ve had an incredible first year working together, working hard to bring in some of Europe’s leading music festivals, as well as some of the most innovative and well-loved up-and-coming festivals. We have a shared ambition to grow the portfolio, and we look forward to doing this with Gareth and the team at Broadwick Live, as well as the founders and managers of the festivals we have acquired”.
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