Christopher BarrettSuperstruct Entertainment said it is enjoying a year of ‘transformation’ having filed 2025 accounts illustrating increased losses.
The company, responsible for more than 80 festival brands across 10 countries, reported net liabilities of €153.1 million at year-end 2025, compared with net assets of €6.7m for the previous year. Its accounts also show a €11.5m after tax loss for 2025 compared to a €90.6m loss in 2024.
Superstruct reported that the total number of attendees at it events in 2025 was consistent with the previous year at 6.6m. Its festivals include Mighty Hoopla, Wacken Open Air, Lost Village, Flow, Defqon.1, Sónar, Zwarte Cross, Arenal Sound, Øya (pictured), Parookaville and Boardmasters. Revenue for the year was up 4.4% to €825.1m from €790m in 2024.
The filing shows that in 2025 Superstruct saw a 50% year-on-year rise in administrative costs to €269.3m. It was a year that saw some of Superstruct’s events become the subject of artist protests and withdrawals in response to campaigns mistakenly claiming its owner KKR had links to Israel, including stakes in weapons manufacturing companies and Israeli corporations operating in occupied Palestinian territories.
The financial report included a statement on geopolitical challenges in which the company said, “Where we see political opinions change as a result of geopolitics, we manage with monitoring and communicating clearly and factually, empowering our event organisers to respond dynamically to a changing world in line with Superstruct’s principles of creative and operations independence for our festivals.
Superstruct recently published an Artistic Code outlining its support for artistic expression and the creative independence of its festivals.
Explaining the move to Access All Areas, Superstruct COO Rebecca Kane Burton said, “If we want artists to feel free to express themselves on our stages, the principles that protect that freedom need to be clear long before show day.”
The festival giant has seen a succession of senior management appointments since late 2025, including the appointment of Alex Mahon as CEO, Rebecca Kane Burton, Jacqui Harris as managing director and Global Group CFO Nick Priday.
A Superstruct spokesperson said, “2026 has been a year of growth, transformation and strong performance, with fans across our events enjoying extraordinary live experiences. 2025 was a period of significant change, with a new management team coming in towards the end of that year. We’re very pleased with the progress and the trajectory the business is on.”
Kane Burton will conduct a keynote interview at the Access All Areas Leaders’ Summit this week that will fbe recorded for the Backstage podcast series.