Wednesday, 18 March 2009

Heavenly Planet Festival Shelved Due to Credit Crunch

Heavenly Planet, the new festival planned for July 2009 has been cancelled due to “the effect of the current economic climate”."It is with regret that we make this announcement to cancel our new festival Heavenly Planet which was due to take place in Reading in July" said Melvin Benn of organisers, Festival Republic. "The worsening economic crisis and circumstances beyond our control have been major factors in the final decision" he added.Last month Festival Republic, Thomas Brooman and Reading Borough Council, joint organisers of the festival, announced that entry to the festival would be free in its first year, with costs covered equally by the three partners.

However the worsening economic climate has meant that one of the partners has been unable to commit to funding the event on the basis that had been agreed and has pulled out. As a result the two remaining partners reluctantly agreed to cancel the festival.

Although neither the organisers nor Reading Borough Council are giving a financial commitment to hold the event next year, they stated their intent to "planning for possible festivals in future years".

What do you think?.....Should the organisers have scrapped the idea of free entry & charged for the tickets to allow the event to go ahead?.....Would you like to see the festival go ahead in 2010?.....Do we need another festival in the UK?

I look forward to your comments.

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