How to make money out of Glastonbury

MAKE MONEY OUT OF GLASTONBURY

Heath Reidy investigates the investment potential of music festivals.

Glastonbury, Britain’s biggest celebration of music was a total sell-out, tickets for Reading are in high demand, while those for Creamfields, the UK’s dance event of the summer, are being snapped up by the thousand. With the popularity of British festivals soaring, does the space offer an investment opportunity? David Glick, founder of Edge Group, an investment boutique for the entertainment industry, thinks so. He said over the last decade there has been a cultural shift, proving people value experience over product. Research from the Performing Rights Society for Music, the U...