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Barclay’s Suspends Sponsorship Partnership With Live Nation For All 2024 UK Music Festivals

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deadline.com
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Surrendering to pressure from several music acts and an ad-hoc movement, Barclays has suspended its sponsorship of all 2024 music festivals organized by Live Nation in the UK.

The festivals now without Barclays backing include such popular events such as Download, Latitude, and the Isle of Wight Festival, according to Business Matters.

Barclay’s decision was made after several artists complained about the financial firm’s investment ties with arms companies that trade with Israel.

Country artist CMAT, metal band Ithaca, and comedian Joanne McNally pulled out of their planned performances this summer. Barclays signed a five-year sponsorship deal with Live Nation in 2023, but Business Matters reported the 2024 suspension does not cover the full duration of the contract.

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