News Apr 22, 2026

Shambala founders transfer control of the festival to an employee ownership trust

Co-founders of Shambala are transferring control of the festival to an ‘employee ownership trust’, meaning it will basically be owned by its team. They say this approach will safeguard the event’s independence as many others festivals are acquired by “major live entertainment conglomerates”

Originally published by Complete Music Update
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Shambala founders transfer control of the festival to an employee ownership trust