U.S. investment giant KKR has quietly bought up major European music festivals like Sónar and Sziget. Investigative journalists Henk Willem Smits, Salsabil Fayed, Nick de Jager, and Remy Koens have uncovered ties between KKR and Israel-linked firms, including controversial projects in the occupied Palestinian territories. As outrage grows over Israel’s war in Gaza, artists and festivalgoers are pushing back. They accuse the private equity firm of putting profits over the community spirit and cultural values that have long defined such events.
Related stories ➪https://www.ftm.eu/articles/private-equity-buys-festivals
https://www.ftm.eu/articles/brett-christophers-asset-manager-society
Follow the podcasthttps://www.ftm.eu/podcast/follow-the-money-the-podcast
Follow FTM on social media:
Instagram ➪ https://www.instagram.com/followthemoney_eu/
BlueSky ➪ https://bsky.app/profile/ftm.eu
LinkedIn ➪ https://www.linkedin.com/company/follow-the-money-eu/
Become a member and support independent investigative journalism!
https://www.ftm.eu/subscribe
Follow Henk Willem SmitsBlueSky: @henkwillem.bsky.social
Follow Salsabil Fayed
BlueSky: @salsabilfayed.bsky.social
