Australia: Festivals Postpone, Controversial Act Relaxed, Silver Lake/Amplify

More Major Festivals Forced To Postpone As Pandemic Rides Second Wave
As the second wave of the pandemic hit the major live music markets of New South Wales and Victoria, more major music festivals announced postponements.
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www.facebook.com/redhotsummertourofficial/ – The Living End
The Living End play at Red Hot Summer earlier this year
Red Hot Summer, which draws 200,000 staging in regional towns with classic rock acts, pushed its last three shows in October to March 2022. Promoter Duane McDonald said rescheduling to 2021 was not an option due to artist availability. With a seven-act bill headed by Hunters & Collectors, the final shows are in Barossa, South Australia; Kiama, New South Wales; and Ballarat, Victoria, sold out their 34,500 tix.
The 24th edition of Queenscliff Music, staged in the 19th century seaside Victorian town of that name, moved to Nov. 26-28 2021.
Three U.S. bands – Endless Boogie, Howlin’ Rain and Twin Peaks – pulled out of the Boogie Festival in Victoria. Promoters hope to still stage late October after the three day camping event rescheduled from March, “until authorities definitely advise it can’t take place.”
NSW Festivals Get Safety Tick
A review of New South Wale’ controversial Music Festivals Act recommended easing back on promoters. The act was brought in last year after a series of drug-deaths at festivals, with the government designating nine “high risk” and forcing tight restrictions.
The parliamentary study found that of seven high risk events held between Nov. 21 and April 30 “no breaches of the requirements under the Act were reported” by compliance officers. It recommended 16 steps, including replacing the term ”high risk” with “notifiable”, as promoters believed it “had an impact on their financing, insurance and sponsorship.” 
A requirement that audience figures be provide 90 days out as essential for event approval – and deemed unworkable by promoters – may allow figures to be changed 21 days out.
Shadow minister for music John Graham called the findings “a great result. The fact that zero breaches have occurred since these regulations is proof that government and industry working together is the way to keep festivals safe.”
Silver Lake’s Amplify Takes Stake In Theatre Producer
U.S. tech investor Silver Lake live entertainment and content holding company Amplify took a stake in Aussie theatrical producer Michael Cassel Group. The deal, announced July 27, will allow Cassel to further expand globally.
Silver Lake and minority investor Mercury Capital set up Amplify to acquire Sydney-based tour promoter, ticketing service and data analytics firm TEG in November 2019.  
CEO and producer Cassel will retain ongoing equity ownership and will run Michael Cassel Group as an independent entity. 
He said, “Our goal is to build a global, diversified theatrical live entertainment company focused on producing and developing quality, premium content; expanding international touring and exploiting opportunities in emerging markets; and securing a vertically integrated model focused on theatre acquisitions.”