Sónar And Field Day Festivals Respond To Artist Boycotts Over KKR Ties

Sónar And Field Day Festivals Respond To Artist Boycotts Over KKR Ties

Artists have been pulling out of Sónar and Field Day festivals due to their “complicity” with the private equity firm KKR, which holds significant investments in companies that have ties to Israel during the ongoing genocide in Gaza. Now, both festivals have issued statements.

Sumar wants the Executive to instruct the various government delegations not to authorize music festivals promoted in various locations in Spain by the Kohlberg Kravis Roberts (KKR) fund, which is involved in real estate development in the Palestinian territories illegally occupied by Israel.

The Minister of Culture, Ernest Urtasun, said this Saturday that the KKR fund "is not welcome" in Spain and has admitted that he is concerned about its "penetration" in Spanish music festivals for its connection with the expansion of "illegal settlements" in Palestine. Read

The Minister of Culture says he sees with concern the entry of the investment fund, with multiple interests in Israel, into the Spanish music scene after El Salto published those economic relations.Topics: News, MusicRead full article

Among the festivals affected is the Viña Rock de Albacete, bought by the fund with interests in the occupation of Palestine

Music groups have announced a boycott of festivals in the country due to their links to the pro-Israeli fund KKR. This fund has owned Superstruct, the second largest developer in the world, since June last year, but also, through the Axel Sringer group, is involved in real estate development in Israeli settlements in Palestine, which are considered illegal under international law. This has led to calls for a boycott of this developer, which owns…