Global, the media & entertainment group, has revealed that it has expanded its festival business through an increased stake in Broadwick Live (organisers of Festival No-6 and Snowbombing) and a series of strategic acquisitions.

The festivals added to the Global/Broadwick Live portfolio include South West Four, Field Day, Boardmasters,  Rewind Festival, Y Not Festival and Truck Festival. Global has also increased its stake in Broadwick Live creating a stronger partnership between the two companies, which will work together to co-create new festivals and branded events, and take existing events to new countries.

Earlier this year Broadwick Live took stakes in Standon Calling, Glass Butter Beach and Lost Village adding to its portfolio of award-winning music festivals. ..

Global and Broadwick Live will work together to take their existing music festivals to new countries and announced earlier this year that they will be transporting Snowbombing from Europe to North America with the first Snowbombing Canada in 2017..

Sam Bush, director of Global’s live & touring division, said: “We took a stake in Broadwick Live just over a year ago. We’ve had an incredible first year working together, working hard to bring in some of Europe’s leading music festivals as well as some of the most innovative and well-loved up-and-coming festivals. We have a shared ambition to grow the portfolio and we look forward to doing this with Gareth and the team at Broadwick Live as well as the founders and managers of the festivals we have acquired.”

Gareth Cooper, CEO of Broadwick Live, said: “These are exciting times. Working with Global has helped us to realise our ambitions and then some. We have a strong partner that offers us unbelievable support and shares our goal to build an international festivals business, starting with our first venture in North America next year. What we have announced today is just the beginning.”