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Denmark latest European country to launch insurance fund for festivals


Denmark latest European country to launch insurance fund for festivals
Denmark culture minister Joy Mogensen said she is overseeing the creation of a kr530m (£61m) cancelation compensation fund for festival organisers, with the aim of encouraging them to press ahead with their events this summer.
It follows similar steps by Germany, with a €2.5bn (£2,14bn) fund, and schemes by Norway (€34m/£28.12), The Netherlands (€300m/£257m), Austria (€300m/£257m) and in Belgium (€60m/€51.4m).
The scheme will compensate for all fixed costs and salaries incurred by organisers of festivals staged up to the end September, with capacities of more than 350, if it proves necessary to cancel, postpone or significantly change the events. ....

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Depeche Mode and Chemical Brothers join music industry calling for government-backed festival insurance scheme


March 1, 2021
Some of the UK’s most legendary performers are among those calling on the UK Government to commit to underwrite cancellation costs of events such as music festivals and tours, to enable the restart of the live entertainment sector from this summer. Alongside industry experts and trade associations, Jools Holland, Depeche Mode, Johnny Marr, Sir Cliff Richard, Robert Plant, Roger Daltrey, Amy McDonald, The Chemical Brothers, Frank Turner and Judas Priest have all added their name to the chorus of voices calling for a government-backed scheme. 
The news comes as results from a new YouGov survey show that half of the UK population want to go to a live event this summer, while 75% believe live events are critical to British culture. Whilst recent news of mass ticket purchasing following the roadmap announcement is positive, it is even more critical for a government-backed insurance scheme to be in place to safeguard the industry.  ....

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