There's fears stricter regulation of event organisers could hurt smaller promoters most.
Three companies connected to Juicy Fest and Timeless Summer have gone into liquidation - with ticket holders yet to receive refunds.
Eccles Entertainment co-founder Brent Eccles is pushing to force ticketing companies to hold money until an event has ended.
But Lo-Fi Productions Managing Director Owen Evans says that leaves no wiggle room for the unexpected.
"For us, the only time we struggle to pay people is either a knock-on effect from not being paid by other people - or things like the floods and Covid, where we had to dig into our own pockets to pay that."
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Event promoter brent Enkles has made a suggestion for how to avoid another Juicy Fest to Barkle the to catch you up on this. The promoter of the Juicy Fests and Timeless Summer events have gone bust. They it's looking like people who bought their tickets to those events won't be able to get refunds because the money is well, it's all gone. Brent Eckles of Eckles Entertainment spoke to Matt and Tyler on zb Afternoons. He says ticketing companies should be forced to hold on to all the ticket money until after an event has actually happened.
The only effect would be that the punter is protected and if things go wrong, and they do go wrong, they go wrong for me as well. But you know that the money, the ticket money goes straight back to the ticket buyer as the free person you do it for. Show is canceled.
So how will this work with smaller productions? Owen Evans is an event promoter managing director of Low Fire Productions. Hello Owen, good bud, How are you good? Thank you? So how does it normally work if it's particularly a smaller event, would you hold on to the money until the event or do you need to spend it first?
Look, that's this is very nuanced. We've been on both sides. We're dealing with an industry with a massive lack of integrity a lot of the time. So whereas I don't have the answer, but I will say the size that we are. We if if the ticketing company held onto the ticketing money until after the event, we we wouldn't be able to throw events. We we rely on early ticketing and ticketing systems to get cash flow and so that we can throw events. Now where off the size where we where how we work is we will we will throw four or five smaller gigs a year, club gigs to get money in the bank, and then we'll take a risk on a festival and usually most of the time festivals lose money. We do it for the love and the passion. It's just the size we are. We're also we'reso housing techno in a in a country that predominantly predominantly loves drum and base, so we're always up against it. But if we didn't have that cash flow, we wouldn't be able to to to run basically, so you would kill You would kill a lot of small time promoters like myself if you went down that track.
What's the reason gigs are normally canceled? Is it? Is it usually because the artist pulls out, or you know, because they often give the excuse, you know, un forseen circumstances or whatever. What's the real reason that stuff?
Well?
I don't know. For us, the only the only time we struggled to pay people was either a knock on effect from from not paid by other people or things like the floods and COVID and we we had to we had to dig into our own pockets to pay that or I think with the I think with COVID we had to do a couple more gigs to get the money into to pay the past bills. But yeah, if if an act cancels, we're so far we're so far away from everything that Like, if an act cancels, you can't just replace it with another DJ or act because we don't have that level of quality and pull in. We have acts that are amazing, But if you have an act that pulls ten thousand people and then they pull out like you can't replace them, like she had or something unexpected to work, like, yeah, there's no answer, so.
The tyranny of distance. I appreciate you coming on the show mate, thanks for your time.
Yeah no, it's thanks about cheers on.
It's own evens. He's an event promoter, pushing back a little bit this idea that you should get all big festivals, small festivals, any science festival, to hold onto all the ticket money until the event has actually been held to avoid another juicy fest.
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