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Thursday, 29 March 2012 - UK Sonisphere fest cancelled in challenging year |
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      Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. 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The festival was due to host headliners Queen, Kiss, Marilyn Manson and Faith No More alongside a host of other acts and its cancellation may be a worrying sign for an industry which has been leaning heavily on live music revenues. "It is with very heavy hearts and much regret that we announce the cancellation of Sonisphere Knebworth 2012," the Sonisphere organizers said in a statement on their website (www.sonisphere.co.uk) "Putting the festival together in what is proving to be a very challenging year was more difficult than we anticipated and we have spent the last few months fighting hard to keep Sonisphere in the calendar." The festival at Knebworth Park, a country estate which has been hosting music festivals since 1974, is the first of the high profile festivals in Britain to succumb to harsh economic conditions in Europe and raises a question over the sustaining value of live music revenues for an industry already suffering from declining revenues for its recorded music. Festival organizers said all ticket holders will receive a full refund direct from their ticket agents. "We want to express our deepest regrets to the artists and to thank all the staff, suppliers and contractors who worked so hard with us to try and pull off what has proven to be an impossible task and we know how much they share in our disappointment," they said. (Created by Paul Casciato) Entertainment Fashion Music Tweet this Link this Share this Digg this Email Reprints Entertainment News From the Wrap 'Wrath of the Titans' Review: Release the Crappy Sequel! 12:09pm EDT Sure, “Wrath of the Titans” may improve on the awful converted-3D original -- but it's far less compelling than almost anything you can pop into your X-Box these days Apple CEO Tim Cook Visits Manufacturer at the Center of Chinese Factory Scandal 11:44am EDT Tim Cook is all smiles as he tours the factory floor Katie Couric to Guest Co-Host 'Good Morning America' Next Week 11:44am EDT Couric goes head-to-head with Matt Lauer and her former "Today" cohorts Spike Lee Apologizes for Tweeting Wrong Address for Trayvon Martin Shooter 11:41am EDT Address actually belonged to elderly couple   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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