Several festivals receive funding from different sources. The Festival of World Cultures receives funding from the Arts Council of Ireland and Failte Ireland. Glastonbury Festival brings over £35 million to the local economy according to surveys jointly funded by the local council and the festival. Lady Fest is funded through donations and ticket sales, with extra money going to charity. Reading Festival is funded through profits from the event and business sponsors such as Vodafone, Pepsi Max, and Viagogo.

1. Creative and Media: Level 2 Higher Diploma Unit 6: Festival
Level 2 Higher Diploma Creative and MediaUnit 1: Scene
6.1.3 Funding
Name of festival Funding from public sources Business sponsorship
Festival of world Dlr Festival of world cultures are  Bernardos
cultures funded by the arts council: Failte
 Access Cinema
Ireland (National Tourism
Development Authority).
The figures provided by the
Glastonbury Greenpeace
Economic Impact Survey jointly
festival of
funded by Mendip District Oxfam
contemporary
performing arts Council and Glastonbury
Water aid/Fairtrade
Festival, carried out by an
independent consultancy,
indicate that the net value of
the 2007 Festival to the Mendip
economy was over £35m.
Lady fest ten Funded by donations from the  For books sake
public and the tickets for the
 Storm in a teacup
festival cover the costs of the
festival then further money goes  The girls’ are lady
to charity. musicality
Reading Festival They run the festival out of  Vodafone
money that they make.
 Pepsi Max
 Viagogo
 Tuborg
© Pearson Education Ltd 2008. Copying permitted for purchasing institution only. This material is not copyright free. 1

2. Unit 1: Scene Creative and Media: Level 2 Higher Diploma
Unit 1: Scene
 Gaymers
Diploma Level 2 Information Technology
2 © Pearson Education Ltd 2008. Copying permitted for purchasing institution only. This material is not copyright free.