Promoter: Peats Ridge Will Continue
The promoter of New South Wales’ Peats Ridge Festival denied that the three-day event will not take place in December. This follows reports of a company called Peats Ridge Festival Pty. Ltd. going into administration.
Festival director Matt Grant explained that the company wound up Aug. 29, after incurring “a heavy financial burden” when the event was canceled in 2007 due to bad weather, worsened by “the downturn in the festival marketplace.”
Grant added that the festival is still by the same team under a company Peats Ridge, with “good ticket sales for this year.”
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