Bucharest's B'estFest Cancelled Due To "Recession"
March 2, 2010, 14 years ago
According to Straitstimes.com, organizers on Tuesday cancelled the fourth B'estFest in Bucharest in July, traditionally one of Eastern Europe's biggest rock festivals, blaming the economic crisis.
'Because of the recession still affecting many branches of global economy, B'estFest's organisers, the Emagic company, has made the decision to postpone this year's edition', the group said in a statement.
'An event of this size has enormous costs, which cannot be supported exclusively by ticket selling, on this market affected by cuts in the marketing and advertising budgets', Laura Coroianu, Emagic CEO, said in the statement.
Coroianu said it would not be possible to have more than 30 artists performing on several stages for at least three days.
Since it was launched in 2007, the festival has drawn more than 150,000 Romanian and foreign fans. Emagic announced that Faithless will still perform in Romania on July 16. The band was the first to confirm its presence to the B'estTfest 2010.
