Live Nation is pulling out of Hyde Park after more than a decade of putting on events there.
“It’s very disappointing but it’s time to move on, and we will do,” John Probyn, the promoter’s chief operating officer, told Access.
Live Nation has hosted a raft of concerts and festivals in the park, including Hard Rock Calling, Wireless and the Bruce Springsteen concert this summer (see Access issue 164).
According to an article in the Guardian, the company has reportedly written a formal letter of complaint to the Royal Parks Agency over the tender process for the new five-year contract for the central London site, dubbing it ‘flawed’.
The letter raises issues such as noise, crowd safety considerations and unrealistic revenue assumptions. It is thought to be highly critical of the tender document, arguing that it doesn’t take into account the complicated logistics of running big events in a central London location.