The Week in Light & Sound
- Details
Festival Finances - Glastonbury Festival has reported that profits more than doubled last year, as it faces criticism for being too "corporate". The festival brought in £5.9m in pre-tax profits for the year to March 2024 – up from £2.9m the year before. During the same period, the event also donated £5.2m to charitable organisations including Oxfam, Greenpeace and WaterAid.
A spokesperson for the festival said "successful, dry Glastonburys in both 2023 and 2024" had helped to "rebuild the event's vital financial reserves". The spokesperson said it also allowed them to "continue to support good causes and charities". Like many festivals, Glastonbury saw record losses during the pandemic, with the event called off in 2020 and 2021, "costing the festival mil