Gandalf the Red wrote:Why do you think the festival failed and thousands of people were ripped off? All the details are out there somewhere on the internet.
Yeah it was poorly run absolutely no question about it but not to the tune you suggest. I haven't been able to find any of these details beyond what news sites report (which doesn't suggest your figures are accurate) but if you know where I can find the actual figures I'd be interested in reading them.
For example Deli Kate lost thousands. Not to mention the thousands of fans that put hundreds in to the crowdfunding.
I don't doubt this at all.
Proper established festivals run on monopoly money just like businesses. You may say that it's costing £XXXXXXX but in reality your paying XYZ £XXXXX whilst ABC are paying you £XXXXXX. It's not real money and if you have the ability to cover it then you don't even have to have money. As long as you don't mess up then everything is fine.
I'm aware of how booking events is done and how its regulated financially but what that doesn't account for is projections of value and price range accordance. You can't convince people to invest in a festival without having the projections to support your enterprise.
The thing you're not acknowledging is that you stated any band who could do mid bloodstock sized main stage billing asks for 100,000s. Given that the festival needed 3,000 more tickets to break even and had sold 7,600 at £145 each that would suggest that only 7 bands could be paid (including the alleged £1,000,000 for Manson alone) 173 bands, the vendors, PA, engineers, riggers, staging, fencing, toilets, cleaners etc etc would have to have done their part for free.
I drink with quite a few musicians. And yes, it is £100,000s rather than £10,000s. Would you travel half way around the world to play for £2,000 if you were in a major band? Most of them wouldn't get out of bed for that. That's why they all get onto the festival circuit as it's easy money.
I've worked for bands like Amon Amarth, Steve Harris of Iron Maiden, Vader, Hate, Exodus, Decapitated, Belphegor, Marduk and Nile. I'm friends with numerous promoters who have booked many of these bands and others and I can promise you now those guys are not making hundreds of thousands per show even on their own headline shows. Yes £2,000 is not worth the effort on single dates however it's not uncommon for bands to make that figure or less when touring on individual dates of a tour. The festival circuit is really no easier than doing your own headline tour in fact it's a bit more awkward given the time between performances is typically either far too close together or too far apart (you only make money when you play a show so days between you make a loss).