Rising costs force Red Rooster Festival to cancel
”However, due to a combination of reduced ticket sales, rising operational costs and ongoing financial pressures, it has not been possible to secure the funding required to deliver this year’s event. These pressures have been compounded by the increasingly challenging environment for independent festivals, including inflation, higher fuel and transport costs, supply chain pressures and the impact of cost-of-living challenges on audiences.”
It continues: “The directors explored all available options, including seeking additional funding, external investment and further cost reductions. Despite those efforts, the position became unsustainable and the festival is no longer financially viable.
”Opus Restructuring and Insolvency has been engaged to advise the directors, with a view to placing the company into Creditors’ Voluntary Liquidation.
”We understand how disappointing and disruptive this will be, and we sincerely apologise to everyone affected.”
Affected business should contact: redrooster@opusllp.com.
You might also like...
Don’t miss a beat: How the police and organisers can create safer public events

Hosted Buyer registration for EBL26 is open – find out how to register and more

Fully charged: JBM Music’s Jorge Meehan on Reggae Land and launching Electric Paradise

Peak performance: Festival director Kevin Moore on event developments at this year’s Y Not

In full bloom: StandOut goes behind the scenes of RHS Badminton Flower Show


