R65m lost on failed festival

2014-09-21 01:00

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

The City of Tshwane spent R65?million on what would have been its bash of the year, the TribeOne Festival.

Of that, R10?million alone was spent on US pop star Nicki Minaj’s non-refundable appearance fee.

Her army of fans, nicknamed The Barbz, are devastated, but Minaj is being “really nice” about the cancellation of the festival, which was due to be held next weekend.

The hefty performance fee charged by Minaj?–?and paid for with funds from the City of Tshwane, which forked out R25?million to pay artists, with a further R40?million on infrastructure?–?has, in all likelihood, gone down the drain after the festival was cancelled this week, according to sources.

Artists claim money paid by promoters as they could have been earning that amount elsewhere?–?and their names are sullied when events are cancelled.

The city is taking legal action to try and force TribeOne to go ahead with the concert, initiated?–?according to TribeOne?–?by Sony Music Entertainment SA, which has been left with egg on its face.

Two of TribeOne’s directors are local Sony bosses and, according to the artist contracts, Sony was responsible for paying the artists.

Minaj is one of the more than 150 artists who was going to perform at the inaugural three-day concert on an unserviced patch of land in Cullinan, east of Pretoria. The concert was billed as “Africa’s biggest music festival”.

» Get City Press newspaper for the full story.

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.

Inside News24

 
/News

Book flights

Compare, Book, Fly

Traffic Alerts
Traffic
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.