From The Guardian:
Live Nation is quitting Hyde Park after more than a decade of putting on music events including Live 8, the Wireless Festival and Hard Rock Calling, citing issues including noise restrictions and logistics.
The world’s biggest live music company, which most recently organised 25 days of events linked to the London 2012 Olympics in Hyde Park, has pulled out of what it branded a “flawed” tender process for a new five-year contract for the prime central London venue.
Live Nation has written a formal letter of complaint about the tender and bid process for the new contract.
It is understood that the letter raises issues such as noise – in July Bruce Springsteen and Sir Paul McCartney’s microphones were switched off during a duet due to curfew issues. Other issues understood to have been highlighted by Live Nation include crowd safety considerations in shutting off Park Lane and unrealistic revenue assumptions.
Live Nation’s letter has been delivered to the Royal Parks Agency, an executive agency within the Department for Culture, Media and Sport, which is running the process.
Continue reading the rest of the story on The Guardian