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Company behind Doune The Rabbit Hole festival enters liquidation

By | Published on Thursday 15 December 2022

Done The Rabbit Hole

The company behind this year’s edition of Scottish music festival Doune The Rabbit Hole has entered liquidation, though the event is still set to return in 2023 run by the company that operated the 2018 and 2019 editions.

A statement on the festival’s Facebook page says that the promoter of the event faced significant financial challenges as a result of last year’s COVID-caused cancellation and the increased production costs this year.

“Doune The Rabbit Hole 2022 (and the company that ran this year’s event, Doune The Rabbit Hole Festival Ltd) suffered huge financial difficulty as a result of the pandemic, double roll-over, increased costs, and consumer confidence combining with the rising cost of living to affect ticket sales”, the statement explains.

“The director has exhausted his own resources in trying to repay suppliers but after taking professional advice, this company has gone into liquidation”, it adds. “In spite of this situation, your feedback about the event told us it was a cultural and popular success worthy of sustaining”.

Looking ahead, the statement goes on: “Doune The Rabbit Hole Festival will take place on 21-23 Jul 2023 under the new management of Festival Beverage And Property Services Ltd, who operated the festival in 2018 and 2019. All purchased tickets and payment plans remain fully valid”.

Artists who played this year’s edition are seemingly among those owed money by the collapsed Doune The Rabbit Hole Festival company. On that, the statement goes on: “The new management of Festival Beverage And Property Services Ltd pledges to try to repay artists, crew and suppliers from the event in 2022 as soon as possible. Whilst in the process of restructuring, we are committed to preserving the atmosphere and essence of a well-loved, independent festival for future years”.



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