Oct 24, 2022 • 1 min read

Setlist: How much will promoters lose from the Festicket collapse?

This Setlist episode discusses Festicket administrators' confirmation that promoters' ticket money was not held in trust, and BTS's military service plans.

CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week, including confirmation from Festicket's administrators that a number of the promoters who worked with the collapsed ticketing company are insisting that the money it collected for their shows and events was meant to be held in trust although it wasn't, and the news that all seven members of BTS will serve their two years of military service in South Korea after all.



SECTION TIMES
01: Festicket (00:05:32)
02: BTS (00:20:37)
(Timings may be slightly different due to adverts)

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STORIES DISCUSSED THIS WEEK
• Festicket did not hold promoters’ ticket sale monies in trust, administrators confirm
• BTS confirm that they will carry out military service in South Korea

ALSO MENTIONED
• Little Simz wins 2022 Mercury Prize

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