Glastonbury Festival suffered 3 million loss in 2021

By MediaMonkey

January 10, 2022
During the pandemic, when the issue of Government funding for the Arts was being discussed, Glastonbury Festival tweeted out their gratitude to receiving support:
“We’re grateful to have been offered an award from the Culture Recovery Fund. After losing millions from the cancellation of our last two Festivals, this grant will make a significant difference in helping to secure our future.”
This lost millions figure is back in the news as Billboard have reported on Glastonbury’s finances, specifically that the festival suffered a £3.1 million loss in 2021. NME has been able to speak to the Glastonbury team, and confirmed that this figure is correct. 
However, 2022 looks a go, where Billie Eilish will be spearheading the return to profit.

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