Camp Bestival back in da Bank
The fate of Camp Bestival, the family-focussed camping event run by Rob and Josie de Bank, is apparently secure following an arrangement with promoters Live Nation-Gaiety and SJM Concerts.
The festival, founded in 2008 and held at Lulworth Castle in Dorset on the south coast of the UK, was forced into administration last month. But a statement by the couple posted on the festival’s website earlier today reads:
“With the help of Live Nation-Gaiety and SJM we will really be able to bring more of our creative vision to life with the support structure needed going forward. Our aim has been and will always be to create the best ever family festival. We look forward to sharing this new chapter with you. More news very shortly.”
Adminstrators Begbies Traynor last week confirmed to the BBC that it had completed a sale to Richmond Group, which offered £1.1m for the Bestival group of companies. Richmond, a company controlled by loans tycoon James Benamor, had stated that it would continue to run Camp Bestival moving forward.
That stake appears to have been taken over by Live Nation-Gaiety.
“We will…be able to bring more of our creative vision to life with the support structure needed going forward”
A Live Nation spokesperson tells IQ: “LN-Gaiety and SJM look forward to working with Rob and Josie on Camp Bestival”, although would not go into further details on the arrangement.
The new interest in Camp Bestival adds at least one more UK festival to Live Nation-Gaiety’s portfolio that includes Reading, Leeds, Wireless, Download, Lovebox, Wilderness, Isle of Wight & Parklife.
The news is an unexpected turn of events given that Rob da Bank co founded the Association of Independent Festivals (AIF), which has traditionally been opposed to Live Nation’s increasing dominance in the festival space. In August, the association called on the Competition and Markets Authority to investigate Live Nation, which it claims owns over 25% of the market.
The fate of the da Bank’s larger annual event, Bestival – which relocated from the Isle of Wight to the same site as Camp Bestival last year – remains unclear.
This summer saw Bestival (2-5 August) host artists including London Grammar, Silk City, M.I.A & Grace Jones. Camp Bestival’s (25-28 July) line up included Rick Astley, Clean Bandit & Orbital, although the final day was cancelled due to bad weather.
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