MORE SOUND – While the 2024 edition was cancelled at the last minute, the liquidation of the company is very bad news for the thousands of festival-goers who had purchased their passes and risk not being reimbursed
The company Event Made in France, created in 2016 to organize the Electrobeach festival in Barcarès (Pyrénées-Orientales), filed for bankruptcy this Wednesday, explains The Independent. The festival (created in 2012) is one of the biggest electronic music events in France. But the organizers announced its cancellation this year on July 6, a week before it was due to start. Four days later, the company was placed in receivership.
The Perpignan commercial court ruled that it was unable to meet its debts, according to the daily. The cancellation of the 2024 edition, while the mayor of Barcarès, Alain Ferrand (LR), has been in detention since April 30. The incarceration of the man who was the president of the mixed economy company (SEM) and still remained very influential in the organization of the festival, has particularly reduced the room for maneuver of the organizers in 2024.
A very worrying report on financial balance
But the problems go deeper. In 2021, the regional audit office delivered a very worrying report on the financial balance of the structure.(…) - 20minutes
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