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Norway’s festival sector compensated NOK 120m+

Live Nation, All Things Live and Tons of Rock are among the recipients of the latest round of compensation from Norway's ministry of culture

By IQ on 16 Feb 2021

Live Nation's Tons of Rock festival is a beneficiary of the scheme

Live Nation's Tons of Rock festival is a beneficiary of the scheme


image © Tons of Rock

Live Nation Norway, All Things Live and Tons of Rock will benefit from the latest round of compensation from the Norwegian government’s scheme for organisers and subcontractors in the cultural sector.

The scheme, funded by the ministry of culture and distributed by Norway’s cultural council (Kulturradet), has so far paid out approximately NOK 1.4bn to more than 2,000 applicants across various compensation schemes for 2020.

For the latest tranche, which covers the period of May to August 2020, the cultural council is distributing more than NOK 120m (€11.7m) to some of the biggest players in Norway’s festival sector.

Live Nation Norway has been granted NOK 24.7m as an organiser – just under the NOK 25m it applied for.

Nordic live entertainment powerhouse All Things Live will receive NOK 36.4m – two million less than they applied for – for around 20 concerts that had to be cancelled in 2020.

While, Live Nation-owned Oslo festival Tons of Rock will benefit from NOK 36.1m, the full amount applied for by the organisers.

Other successful applicants include Kristiansand beach festival, Palmesus (NOK 27.1m); organiser of Ålesund Live, Summer party at Giske and Jugendfest, Momentium Live (NOK 8.4m); and Fredrikstad-based all-ages festival, Idyll (NOK 8.7m).

“The largest players in the sector are also large employers and an important part of the cultural sector’s business chain”

“The applications for the compensation schemes show us both how hard the cultural sector has been affected, and how diverse the Norwegian cultural economy is,” says Kristin Danielsen, director of the cultural council.

“The largest players in the sector are also large employers and an important part of the cultural sector’s business chain. Therefore, I would have liked to have had the application process completed earlier.

“At the same time, it has been important for us to process the applications thoroughly. These are community funds, and it is our responsibility to manage them in the best possible way.”

More than 1,500 applications were received for the compensation scheme for the period May-August and more than 1,200 applicants received their decisions in the early autumn of 2020, with a few more applicants yet to be notified.

The Cultural Council is now processing applications for the scheme that applies to September, and the period of October–December has an application deadline of 1 March.

The scheme is designed to compensate organisers and subcontractors that were financially impacted by the Norwegian government’s ban on live events which was extended into late 2020, causing the cancellation of the country’s biggest festivals.

Norway’s ministry of culture last week announced a NOK 350 million financial safety net will allow festival organisers plan for July and August 2021 without the financial risk posed by a potential Covid outbreak.

 


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