The UK Festival Industry Collapse refers to the unprecedented crisis affecting British music festivals since 2023, with 72 festivals cancelled or postponed in 2024 alone¹ - double the number from 2023². This crisis stems from spiraling production costs increasing by up to 35% post-pandemic³, inflation pressures, declining ticket sales, and oversaturation of the market⁴. The collapse has particularly impacted smaller independent festivals unable to absorb rising costs for artist fees, equipment, and logistics while maintaining affordable ticket prices⁵.