Business News Live Business

Truck Festival company goes out of business, reports claim

By | Published on Friday 5 August 2011

Truck Festival

According to reports, poor turnout at this year’s Truck Festival, which took place last month, may have sent the company that produce the event out of business. US blog Brooklyn Vegan initially reported that the US version of the festival, Truck America, which launched last year, had been cancelled. Then yesterday afternoon eFestivals claimed to have been told by “a number of music/festival business sources” that the company had “gone bust”.

There has been no official confirmation or denial as yet – and Truck’s UK Twitter and Facebook accounts continued to post reviews of the recent event yesterday. A PR rep told CMU that they were unable to comment on the situation at this time.

If these reports are true, it seems likely that the company has gone into administration, which may mean that it can still recover from any financial problems. Hopefully that’s the case. You can hear exactly why Truck is brilliant in the latest CMU podcast, an interview with founder Robin Bennett from this year’s Great Escape convention.