In an exciting development for the UK music scene, Music Venue Trust (MVT) has forged a groundbreaking partnership with RADAR Festival, signaling a major win for grassroots music venues (GMVs) across the country.
Under this innovative agreement, a portion of every ticket sold for the upcoming RADAR Festival will be dedicated to supporting GMVs through MVT’s Pipeline Investment Fund. This pioneering initiative marks RADAR Festival as the inaugural event to pledge contributions to the fund, demonstrating its commitment to nurturing the foundation of the music industry.
Since its inception in 2022, MVT’s Pipeline Investment Fund has been instrumental in providing crucial financial support to 61 GMVs, totaling over £260,000 in grants. With the alarming loss of 16% of UK GMVs in the past year alone and 38% reporting financial deficits, this collaboration couldn’t come at a more critical time.
RADAR Festival, renowned for its inclusive and contemporary approach to music, is scheduled to take place from July 26 to 28 at the O2 Victoria Warehouse in Manchester. Boasting an electrifying lineup featuring acclaimed acts such as The Midnight, Dirty Loops, Plini, VOLA, and Sungazer, the festival promises an unforgettable experience for music enthusiasts.
Catherine Jackson-Smith, co-organizer of RADAR Festival and owner of The Lounge Bar in Alton, expressed her passion for safeguarding grassroots venues, stating, “If we don’t protect the smaller venues then there isn’t a pipeline for the next headliners, and this ticking time bomb is something that the music industry can, and must, take action on.”
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