‘It’s a credit crunch’: Why are so many festivals cancelling again in 2024? (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 [...]