AEG is behind several successful US music festivals including Coachella, Hangout Music Festival, and Firefly Music Festival — however, its previous NYC event, All Points West, lasted just two years before receiving the axe.
Now, though, New York Daily News reports plans are underway for a new AEG-produced festival called Panorama, which would take place in June 2016 at Flushing Meadows Corona Park in Queens (the site of the 1964/1965 New York World’s Fair).
As Governors Ball traditionally takes place the second week of June, festival organizers are understandably upset over the prospects of a second NYC mega festival occurring within such proximity.
“The timing of this corporate-run festival would threaten our ability as a small business to continue putting on the kind of event that has showcased the best artists, created hundreds of local jobs and put millions of dollars back into the city’s economy,” said Tom Russell, of Founders Entertainment, which puts on Governors Ball, in an interview with the Daily News.
AEG has yet to officially comment on the Daily News’ report.