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Rewind back with founder and consortium takes over

Rewind back with founder and consortium takes over

ONCE BRIEFLY the country's second-largest festival operator, radio station giant Global has divested its final event, Rewind.

The '80s-themed brand comprises three events, the original Rewind (cap. 40,000) in Henley-on-Thames, Rewind Scotland (30,000) in Perthshire and Rewind North (20,000) in Cheshire, although the latter was cancelled this year due to extreme weather.

Global, whose stations include Capital, LBC and Classic FM, acquired Rewind in October 2016 from David Heartfield's Impresario Festivals for an undisclosed sum, with Heartfield now one of the three parties involved in taking it over.

The other two are Live Nation-Gaiety, the Live Nation Entertainment (LNE) joint venue with Irish live music entrepreneur and LNE non-executive chairman Denis Dsmond and wife Caroline, and SJM Concerts.

Heartfield tells LIVE UK that he was approached by Live Nation to oversee the running of the Rewind and the booking of acts, but it is too early to reveal the division of ownership between the three entities.

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Posted on: 26/09/2019Categories: News from Live UK

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