Co-founder of Oztix says events run by companies ultimately owned by multinationals should not be propped up by Australian taxpayers
Festivalgoers at Splendour in the Grass. The event was cancelled this year but live music operators say giving more money to festivals won’t address structural problems.Festivalgoers at Splendour in the Grass. The event was cancelled this year but live music operators say giving more money to festivals won’t address structural problems.
Guardian Australia has reported that the US-based multinational Live Nation Entertainment, which owns Splendour and a raft of other major festivals in Australia,Live Nation bills itself as “the largest live entertainment company in the world”. Its 2010 merger with one of the world’s largest ticketing companies, Ticketmaster, is now the
“I don’t know how this happened, but there is no reason at all that any government should be financially supporting any festival, venue or event that is being promoted by these large foreign owned companies,” he said.The veteran live music operator Paul Curtis, who has spent three decades running festivals and concert tours, said he felt “slightly ill” when he learned how much public money had gone to companies owned by a US multinational.
One agent described the contracts as “commercially preposterous” and exploitative of emerging talent. The ACCC said it did not comment on complaints relating to individual businesses, or whether a business was under investigation.
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