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See Tickets parent Vivendi ‘to acquire Garorock’

The French media conglomerate, which bought Paylogic in April, is close to finalising a deal to acquire Garorock festival, according to local media

By IQ on 03 Jul 2018

Garorock 2018

Garorock 2018


image © @Laclefprod/Instagram

Vivendi, the parent company of See Tickets, Digitick and Universal Music Group, is in talks to acquire Garorock festival, according to French media.

Le Républicain reports the French media giant, majority owned by Vincent Bolloré’s Bolloré group, is set to finalise the acquisition of the 50,000-daily cap. festival this weekend. Vivendi already owns Brive Festival in Corrèze and Festival des Déferlantes in in Argelès-sur-Mer.

Garorock 2018, scheduled to wrap up on Sunday, was headlined by Indochine, Marilyn Manson, DJ Snake and Macklemore. The fourth and final day, Sunday 1 July, was partially cancelled after the Marmande site was evacuated owing to inclement weather.

Vivendi acquired ticketing technology platform Paylogic earlier this year, in a deal that it said forms part of plans to create a “global ticketing network spanning Europe and US”.

 


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