Get in touch

Search our database of over 10,000 international music business contacts

CMA CLEARS ISLE OF WIGHT FESTIVAL TAKEOVER

CMA CLEARS ISLE OF WIGHT FESTIVAL TAKEOVER

The regulator has ruled Live Nation will still face "sufficient competition" in the UK festival market following its acquisition of John Giddings' Isle of Wight Festival.

The Consumer and Markets Authority (CMA) has cleared Live Nation's acquisition of a majority stake in Isle of Wight Festival, finding the deal does "not raise competition concerns" and that British consumers will "continue to be able to choose between festivals owned by Live Nation and a variety of competing festivals".

Read more

Posted on: 14/09/2017Categories: News from IQ Magazine

Leave a reply submitting