08/08/2024
Dear W-Festival ticket holders,
On August 9, 2024, the festival sector will become a bit quieter. After years of struggle, the last notes have been played on the W-Festival stage, as our organization, with a heavy heart, officially will file for bankruptcy.
The W-Festival board has taken extensive steps to keep the company running, but now, just a few weeks before the start of the festival, we are faced with the heart-wrenching decision to throw in the towel.
The COVID-19 pandemic and the resulting restrictions have had a devastating impact on the event sector. Additionally, the W-Festival faced the bankruptcy of our ticket provider, Festicket, in 2022, and unfortunately, we are experiencing disappointing ticket sales in 2024, contrary to all forecasts. After years of dedication and efforts to adapt to the new circumstances, as well as various initiatives to mitigate the damage, it is no longer possible for the W-Festival to keep the organization afloat.
W-Festival would like to thank all our employees, partners, suppliers, and most importantly, you, our loyal audience, for the heartfelt support over the past years. We were, just like you, immensely looking forward to staging this 9th edition.
The company Wave to Synth will submit an application to the court and will take the necessary steps to ensure the bankruptcy proceeds in an orderly manner, in collaboration with a curator. The board states: "It is incredibly painful to conclude this musical adventure after 9 years. For now, our focus is on closing the bankruptcy properly."
