UK’s Y Not back under original management
Derbyshire’s Y Not Festival, the ex-Global event notably not acquired by either Superstruct or Broadwick when they divvied up that company’s festivals in April, is back in the control of previous owner Count of Ten.
“There’s been a bit of chat lately about the future of Y Not and we wanted to share some exciting news with you,” reads a statement from the festival, released yesterday (25 June). “As of last month, Y Not Festival is once again, independent and under the ownership of Count of Ten following a previous purchase by Global Festivals in 2016.”
Radio giant Global acquired Y Not and Oxford’s Truck Festival from Count of Ten in 2016, along with South West Four, Field Day, Boardmasters and Rewind from Impresario. Following its sale by Global, former stablemate Truck is now part Superstruct Entertainment.
Heading up the newly independent Count of Ten is operations manager Jason Oakley, who has been involved with Y Not since its inception, helping to grow the festival from a small grassroots event to one with over 25,000 attendees.
“We’re looking forward to what we believe will be an amazing future”
“We are incredibly excited for this new era for Y Not and we’re looking forward to what we believe will be an amazing future, working on the festival that’s meant so much to us all,” he says. “All our energy and focus is now on giving the Y Notters the best possible festivals that we can. We’re already excited to open the gates for 2019, which we are certain will be the best yet.”
Companies House records show Oakley became a director of Y Not Festivals UK Ltd and Count of Ten Ltd on 11 June. Oakley is also listed as a director of Brownstock UK Ltd, the holding company behind Chelmsford’s Brownstock festival, and his own firm, JO Worldwide Ltd.
Count of Ten founders Alex Dixon and Ralph Broadbent ceased to be directors of the firm in 2016, ahead of the Global acquisition.
Artists playing Y Not 2019 include Foals, Elbow, Two Door Cinema Club, Franz Ferdinand, You Me at Six and Wolf Alice. For 2020, the new owners are asking ‘Y Notters’ to fill in a survey about which artists and other content they want to see at next year’s event.
Get more stories like this in your inbox by signing up for IQ Index, IQ’s free email digest of essential live music industry news.