Boomtown Fair co-founder Lak Mitchell has described the sale of a minority stake in the UK music festival as the “hardest thing we have ever done” but admitted that the strains of the pandemic meant that finding new investment was the “only option”. Last month, Boomtown confirmed it had sold off a 45% stake, with …
Live Nation, Gaiety and SJM acquire stake in Boomtown
Live Nation Entertainment, Gaiety and SJM have collectively taken a 45% stake in British festival Boomtown Fair, with Live Nation UK & Ireland chair Denis Desmond and chief operating officer Stuart Douglas joining the event’s board. Companies House filings show that Desmond and Douglas joined the board of Boomtown Festival UK and its parent company …