Friday, October 26, 2007

It's official, G!-festival bankrupt.

It's announced now. They've got approx. 1 million danish crowns in debt, and are bankrupt.

The festival was the major attraction during the summerfestivals, and i don't see how this can be reinstated. It's a damn shame in my view.

8 comments:

Ogie said...

I saw this on Portal.fo but I could figure out if it was good news or bad news. I was hoping you were going to cover this.

It is a shame that is going bankrupt. I have pictures of the place and it really looked like a great place to have a concert. I am not I would enjoy all the music but I would think it would be experience just the same.

Have any of the Faroese artist that have made fairly big thought of helping out to keep it going??

Ogie said...

Sorry I didn't read it before I posted it and there a lot of mistakes. Hopefully you can still understand what I am trying to say.

Faroe-Man said...

Have any of the Faroese artist that have made fairly big thought of helping out to keep it going??

No, not that i've heard of. I don't know quite the economic situation of the faroese top artists, but i doubt they have a million to spare.

Ogie said...

True but maybe working with the organizers and working with raising money through contacts in the industry might help keep it going.

Just a thought but maybe there isn't enough interest in keeping it going. I am not sure what the general feeling is about G!Fest.

Faroe-Man said...

The G!-festival was the epitome of summer. The most acclaimed and popular festival there was.

I don't know whether it will resurface in some other shape. But i think people need to figure out where that one million went... why such a popular festival, was able to get a deficit.

Workman said...

That's no good at all. Looks as if I'd better get to the Faroes as quickly as possible before even more stuff changes.

Faroe-Man said...

Yeah, G!-Festival... russians hovering close to us... you'd better get here soon Workman

Douglas said...

I attended the 2003 and 2004 G-Fests and I think they were awesome. i will never forget the way the clouds moved over the fjord, the jet skis in dry suits, Pall finnur Pall, Eivor and all the rest. What will happen now?

Doug MacIlroy
Kamuela, Hawaii

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