Glastonbury will receive a grant of nearly £1million as part of a major cash injection to keep the arts sector afloat, it was revealed yesterday.
The festival will receive £900,000 from the Culture Recovery Fund. The money is part of £400million in government grants and loans for the industry.
The festival was cancelled for two years due to the pandemic – but has been criticised for planning a livestream in May on the first weekend music venues can reopen.
Glastonbury will receive a grant of nearly £1million as part of a major cash injection to keep the arts sector afloat, it was revealed yesterday. The festival (pictured in 2019) will receive £900,000 from the Culture Recovery Fund
U.K. Government Distributes $553 Million More From Culture Recovery Fund to Arts Organizations
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The U.K. government is disbursing £400 million ($553 million) to 2,700 organizations affected by the Coronavirus crisis.
The distribution is part of the £1.57 billion Culture Recovery Fundthat was announced last year to support the country’s beleaguered arts sector. With this disbursement, the Culture Recovery Fund has so far allocated more than £1.2 billion across over 5,000 individual cultural and heritage organizations and sites.
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Beneficiaries of this round include Liverpool’s iconic Cavern Club where The Beatles came to prominence, which has been supported with £785,000 over two rounds. It was closed across several U.K. lockdowns and was losing £30,000 a week since March 2020.
Glastonbury to be handed cash boost in latest Covid culture funding
Glastonbury, which has been cancelled for the second year running, is one of the beneficiaries of the latest funding (Getty Images)
Glastonbury will be handed £90,000 in government support as part of the latest tranche of emergency funding aimed at supporting Britain’s struggling cultural institutions.
The iconic festival, which has been cancelled this year but will host a livestream performance in May, is one of more than 2,700 organisations to share in a £400m pot of funding.
More than £170m in repayable finance has been offered to organisations including the National Theatre and Royal Shakespeare Company, while a further £81m in new loans will go to cultural landmarks including The Lowry theatre in Manchester and The Sage Gateshead.
Glastonbury receives £900,000 in arts funding
Updated: April 2, 2021, 7:18 am
A clean-up begins in front of the pyramid stage at Glastonbury Festival (Aaron Chown/PA)
Glastonbury Festival will receive £900,000 as part of the Culture Recovery Fund.
The sum was announced within £400 million in Government grants and loans for the arts.
The festival was forced to cancel two events due to the pandemic and has sparked some criticism by announcing a global livestream this year, on the first weekend music venues can reopen.
Its co-organisers Michael and Emily Eavis said they were “extremely grateful to be offered a significant award”.
“After losing millions from the cancellation of our last two festivals, this grant will make a huge difference in helping to secure our future,” they said.
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