Feb 18, 2003 • 1 min read

Berlin festival faces financial problems

Berlin techno festival Love Parade is struggling to find financial backers now it is privately run, as the government has withdrawn from costs it once covered.

Good news for Glastonbury, but Berlin based techno festival Love Parade has a less secure future. Latest reports suggest the event is struggling to find financial backers. Love Parade began life as a musical political process – a canny move because according to German law the government has to pick up the bill for security and refuse collection at a political protest. But now that the festival is being run by a private company the government has washed its hands of financial responsibilities increasing potential costs considerably. To be fair Berlin’s Senate have stepped in stating they will help to find more corporate sponsors, but insiders reckon securing the required funding at this stage is unlikely.

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