US EditionField Day Music Festival Loses Nearly Half Its Acts over Ties to Israel
7 Articles
7 Articles
In a week in which the music scene continues to be shocked by news relating to several festivals with an investment fund with real estate interests in occupied Palestine, the artists and their fans have again been shocked by another huge event: the ticket sales company Wegow has entered into a creditor contest, blocking, at least for the moment, the money from tickets sold for the upcoming concerts managed by its platform that are going to take …
Field Day music festival loses nearly half its acts over ties to Israel
The Field Day music festival in London is facing growing backlash after 11 of its 23 confirmed acts have pulled out. The mass exit follows an open letter signed by over 200 artists urging for a boycott over the festival’s ties to Israel. The controversy stems from Field Day’s partnership with Superstruct Entertainment, a company owned by global investment firm KKR. Critics cite KKR’s financial ties to Israeli corporations and arms manufacturers …
DGTL, Mysteryland, Amsterdam Open Air and Zwarte Cross: all Dutch festivals that have distanced themselves from their owner Kohlberg Kravis Roberts (KKR) in recent days. This American venture capitalist, one of the largest private equity funds in the world, is under fire because its investments are at odds with the values of the festivals and artists. KKR's portfolio ranges from fossil fuel projects, such as a natural gas pipeline in Canada, and…
Municipalities like Rivas have cancelled their agreements with the fund.The protests of the bands and DJs extend to the United Kingdom and the Netherlands.Topics: Radical Magazine, Music, Israel, Investment FundsRead full article
Field Day doubles down on Palestine Support amid KKR investment backlash
Happy Mag https://happymag.tv London festival condemns parent company’s Israeli investments as artists boycott London’s Field Day festival has issued a stronger statement condemning its parent company’s ties to Israeli investments after 11 artists... Happy Mag https://happymag.tv
The festival explains that this investment fund has bought part of one of its international partners a few months ago, but that the management remains fully Galician. KKR has been accused of supporting Israel in its war against the Palestinians. Some bands had announced their resignation from playing in festivals linked to these investors.
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