UPDATE: The mayor of Budapest, Istvan Tarlos, has said that Sziget will probably get a serious discount on the rent it has to pay for the space where it takes place. “Sziget will still get a very serious discount – somewhere between HUF 1 bn and HUF 1.5 bn, according to our current estimates”, the mayor said, according to this article.
Pretty bad news for the organizers of Sziget. According to XpatLoop, quoting deputy mayor of Budapest István György, the Budapest City Hall has decided to stop leasing the site to the festival for free.
According to the same source, the city wants to charge Ft 2.5 billion (around 9 million euros) for the use of the site.Last year, Sziget Festival’s budget has been around 2.7 billion Forint.
Sziget chief executive Karoly Gerendai has asked for a meeting with the mayor.
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