Glastonbury Founder Admits Festival May Only Have 'Three or Four' Years Left
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Tuesday, 12 July 2011 |
Written by Elliott Batte
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Glastonbury organiser and chief Michael Eavis has claimed that his festival may only have “another three or four years” left after worries about financial problems.
Eavis reckons that music festivals over the country may be in trouble as the economic climate remains in a lacklustre position, and his renowned, huge-selling festival could also be coming to an unfortunate end.
“Partly it's economics,” said Eavis. “But there is a feeling that that people have seen it all before.”
“We've probably got another three or four years. Womad and Latitude are not selling out; we sell out only because we get huge headliners. In the year Jay-Z played we nearly went bankrupt.”
It may be surprising how a festival that sells 135,000 tickets a year at £195 runs out of money, but with huge amounts of well-known bands and an economic crisis still affecting pretty much everyone in the world, the death of festivals could be a realistic view from the long-time Glastonbury co-ordinator.
Glastonbury saw U2, Beyonce and Coldplay headline this year and was watched on television by almost 20million people in the UK alone. Next year the festival will be taking a break as the 2012 Olympic Games takes focus.
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