The company behind the 2022 edition of Scotland’s Doune The Rabbit Hole has gone into liquidation, with the 2023 edition set to be run by the company behind the 2018 and 2019 editions, Festival Beverage And Property Services Ltd.
A statement on the festival’s Facebook page reads:
“Doune The Rabbit Hole 2022 (and the company that ran this year’s event, Doune The Rabbit Hole Festival Ltd) suffered huge financial difficulty as a result of the pandemic, double roll-over, increased costs, and consumer confidence combining with the rising cost of living to affect ticket sales”, the statement explains.
“The director has exhausted his own resources in trying to repay suppliers but after taking professional advice, this company has gone into liquidation”, it adds. “In spite of this situation, your feedback about the event told us it was a cultural and popular success worthy of sustaining”.
“Doune The Rabbit Hole Festival will take place on 21-23 Jul 2023 under the new management of Festival Beverage And Property Services Ltd, who operated the festival in 2018 and 2019. All purchased tickets and payment plans remain fully valid”.
“The new management of Festival Beverage And Property Services Ltd pledges to try to repay artists, crew and suppliers from the event in 2022 as soon as possible. Whilst in the process of restructuring, we are committed to preserving the atmosphere and essence of a well-loved, independent festival for future years”.