September 17th 2024.
The music festival scene in one Australian state has been struggling lately, with several popular festivals being cancelled permanently. However, there is now some hope on the horizon as the NSW government has stepped in to provide financial support and help revive the industry.
Despite the tough times, the government has announced new regulations and a special fund to support music festivals in the state. This is great news for festivals like Bluesfest, Splendour in the Grass, and Return to Rio, which have all been forced to cancel this year.
The Contemporary Music Festival Viability Fund, established by Sound NSW, aims to improve the short-term viability of festival operators and retain the important role that contemporary music festivals play in the state's music landscape. This two-year fund will offer up to $500,000 per festival and is available for festivals with capacities of 15,000 or more.
The fund will come into effect this month, just in time for the summer festival season, and will run until June 30, 2026. Along with the financial support, there will also be changes to the Music Festivals Act to help ease the burden on festival operators and control rising costs.
Minister for Music and the Night-Time Economy John Graham acknowledges the pressure that festivals have been under in recent years, leading to their slow decline. He emphasizes the importance of festivals as a place for music lovers to come together and form connections with artists and their community.
Ryan Park, NSW Minister for Health, also stresses the importance of health and safety at music festivals. He assures that NSW Health is working closely with festival organizers to implement harm reduction measures and ensure the well-being of attendees.
Unfortunately, the struggles of the festival industry have already taken a toll, with popular festivals like Bluesfest, Splendour in the Grass, and Groovin' The Moo being cancelled due to poor ticket sales. Return to Rio also had to call it quits, citing a massive increase in government regulations and associated costs.
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