Industry News

Vivendi in talks to acquire Garorock Fest – report

See Tickets owner Vivendi is said to be expanding its live music sector with the potential acquisition of France’s Garorock Festival.

Founder and organiser Ludo Labordie is reportedly in talks, though it has not been confirmed, MGB reports.

Souvenir glasses produced for the 22nd edition of Garorock, which took place last weekend, featured Vivendi’s branded logo.

The festival was displayed alongside the Brive Festival in Corrèze and the Festival des Déferlantes, which are both festivals owned by Vivendi.

Garorock is one of the biggest festivals in France and welcomes around 35,000 music fans each year, with this year’s line-up including Indochine, DJ Snake and Macklemore.

Earlier this year, See Tickets acquired ticketing and technology firm Paylogic from LiveStyle. The Vivendi-owned company bought Paylogic, which sells more than five million tickets in more than 10 countries, to expand its global network.

Vivendi owns around 20 music festivals globally, including Love Supreme and Sundown Festival in the UK and Poptopia, UMusic Experience and the L Festival in the US.