2008 Cancelling and Bankruptcy
On the evening of June 6, citing low ticket sales (14 000 against a budget of 30 000), the festival management officially decided to cancel the 2008 festival (supposed to start on July 1) and as well file the managing company for bankruptcy. Following the 2007 festival, the company had a deficiency of roughly 16 million kroner.
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“Disappointment is a sort of bankruptcy—the bankruptcy of a soul that expends too much in hope and expectation.”
—Eric Hoffer (1902–1983)
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