Picture Credit score: Dreamland Competition
A Stay Nation subsidiary is the brand new proprietor of the Dreamland Competition after taking up the pageant from the corporate that manages it. Right here’s the most recent.
Paperwork for Sands Heritage present LN-Gaiety, the Stay Nation subsidiary, taking important management of the corporate on December 14. Stay Nation is now the proprietor and operator of the Dreamland pageant in consequence. As a part of the deal, new administrators embody Stuart Douglas and Lynn Lavelle, who’re administrators for Stay nation Apollo and Cardiff respectively.
“LN-Gaiety confirms it has acquired Dreamland in Margate,” a press release launched to the press reads. “Working with CEO Eddie Kemsley, the staff will improve its supply at this much-loved resort. Dreamland is the last word seaside vacation spot for music, rides, and leisure with nice artists in 2024 together with Standing Quo, Insanity, Richard Ashcroft, Becky Hill, Limp Bizkit, Craig David, and lots of extra.”
“We’re delighted that LN-Gaiety has change into the brand new proprietor of Dreamland in Margate,” shared a Dreamland spokesperson concerning the deal. “The acquisition ensures the legendary venue can stick with it offering world-class leisure for folks of all ages. It is extremely a lot enterprise as typical for Dreamland, we sit up for re-opening our historic amusement park at Easter for an additional summer season season.”
“We are able to’t wait to welcome a few of the best possible dwell bands and acts each in our indoor areas and subsequent summer season on the wonderful Scenic Stage. Within the meantime, we are able to’t wait to welcome folks within the run as much as the restive season at Dreamland’s Christmas World!”
The Dreamland 2024 lineup consists of Bryan Adams, Limp Bizkit, Easy Minds, Paloma Religion, Manic Avenue Preachers, Craig David, Busted, and extra. Public paperwork from 2020 confirmed an working loss for Dreamland of £5.5m ($6.9M), and £1.73m ($2.2M). Total stability sheet losses totaled £36,856,938 ($46.4M) for 2021 accounts. Accounts for 2022 are usually not but submitted.