New producers paying some old BottleRock debts
While planning the return of BottleRock this May, the festival’s new promoters have worked behind the scenes to pay off a substantial part of the debts incurred by the old promoters.Latitude 38 Entertainment said it has eliminated more than $4.6 million, or about half the debts belonging to BR Festivals, the group that put on last year’s five-day event.Latitude 38 did not have a legal obligation to do this, said David Graham, one of the four Napa partners Read more [...]