Isle of Wight Festival: Organisers withdraw hire fee request
Organisers of the Isle of Wight Festival have dropped a request to waive the fee for hiring the venue, the council has said.
An island council report had said there was a "real risk" that unless promoters Solo reduce costs or increase ticket sales the event may be cancelled.
But, the authority said after "incorrect media inferences" Solo had withdrawn the request.
Solo said its priority had been to keep ticket prices down.
The promoters currently pay £55,000 a year for the hire of Seaclose Park in Newport.
The council report, which had been due to be discussed on... read more
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