Music Week and Jazz FM revealed details of the £2million funded Love Supreme Jazz Festival planned for Brighton in the summer 2013, and Nicola Cairncross, founder of fledgling Brighton Jazz Festival, planned for October/November 2012 welcomed the news!
“This is great for helping to put Brighton on the map as a major player in the UK jazz scene and we welcome the event, of course! Anything that promotes jazz to a wider and younger audience is great and any big festival is great for Brighton and the surrounding areas in terms of revenue. While I don’t imagine many local musicians will get a look in at Love Supreme, hopefully Brighton venues will rise to the occasion and put on their own events that will feature local musicians, in the same way that we aim to later this year. Jazz FM is getting behind Love Supreme and we hope to attract a local radio station to get behind the Brighton Jazz Festival in the same way”.
The Music Week article reported “Jazz FM, Neapolitan Music and Ingenious have unveiled £2m worth of investment to launch the UK’s first outdoor jazz festival.
The Love Supreme Jazz Festival will be a three-day outdoor camping event taking place in Brighton during the summer of 2013 and promises to feature some of the world’s best jazz musicians.
The financial backing for the festival has been realised through Ingenious Entertainment VCTS, which have previously invested in Creamfields, Eighties music festival Rewind Festival and Taste of Christmas, an interactive food exhibition featuring celebrity chefs such as Jamie Oliver, Heston Blumenthal and Hugh Fearnley-Whittingstall. The latest share offer aims to raise up to £25m to back other similar events and is open for investments of at least £3,000 until April 5 this year.
Ingenious investment director Paul Bedford said: “At a time when sales of recorded music are in decline the UK festival market continues to buck the trend and expand, making this sector of the entertainment business an excellent investment opportunity.”
More info in Music Week here >>>
More info on GrowthBusiness.co.uk here >>>