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Prospect’s new issue—the rise and fall of the recording industry

By Tom Nuttall  

cover_big.gifBy the end of the summer, over 450 large-scale music festivals will have been held in Britain (I’m off to the Big Chill next weekend). And while the somewhat apocalyptic weather will have led to weekend washouts for some, the British festival scene is undeniably in rude health—tickets for Glastonbury sold out within two hours of going on sale, despite a cumbersome new pre-registration system, and at the other end of the festival spectrum, smaller “boutique” events are sprouting up across the country.

This boom time for festivals is part of a…

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