DESPITE REPORTS that radio conglomerate Global had fully divested its festival assets this year (see LIVE UK Issue 233), it appears that the ‘80s-themed Rewind brand remains under the company’s ownership,
The three events – Rewind South (cap. 40,000) in Henley, Rewind Scotland (30,00) in Perth and Rewind North (20,000) in Macclesfield, will be operated by former Global subsidiary Broadwick Live.
Rewind Festival Ltd, is still owned by Global Radio Holdings, although in April significant control of the company was switched from Global Festivals Ltd, to Global Live Ltd (GLL).
In a special resolution this April, Rewind Festivals Ltd reduced its share capital from £7,667,441 to £76,771.41.
The Rewind events, believed to be the most profitable of Global’s former festival portfolio – which once included more than a dozen events – run over three weekends between the end of July and mid August.
Demonstrating a broadening of appeal, headliners this year include Bryan Ferry, Thin Lizzy, Foreigner and Michael Bolton. The events are also expanding their comedy offering with Phill Jupitus, Russell Kane and Lost Voice Guy.
According to Broadwick Live event and operations manager Katt Lingard, “Rewind [celebrates] not just ‘80s artistes but legends who span far beyond the decade. It’s going to be a fantastic series of shows with something for everyone.” Weekend camping tickets to each events cost £140.
Neither Global nor Broadwick Live would comment on the ownership status of Rewind as LIVE UK went to print.
Radio stations owned by Global include Capital, LBC, Classic FM, Heart and Smooth