BFF-59 Nobel cancels peace prize concert for lack of funds

ZCZC

BFF-59

NORWAY-NOBEL-MUSIC-PEACE

Nobel cancels peace prize concert for lack of funds

OSLO, July 3, 2018 (BSS/AFP) – The traditional concert after the annual
awarding of the Nobel Peace Prize on December 10 in Oslo will not be staged
this year due to financial difficulties, the organisers said Tuesday.

“There will be no Nobel Peace Prize concert” in 2018, said a statement from
the Nobel Institute, Warner Bros Norway and the Gyro Event company.

“The decision emerges from a wish to re-think the concert format and
content but also reflects the challenging financial situation of the concert
in recent years,” it added.

Live television audiences for the concert, which has been paid for solely
by private patrons, have fallen away in the age of smartphones and the
organisers said they would consider new platforms.

The Dagbladet newspaper reported that Norway’s supermarket giant Rema 1000
has pulled its sponsorship leaving the organisers unable to make up for the
lost amount.

The show has attracted more than 100 leading acts ranging from Whitney
Houston to Lady Gaga since it was launched at Oslo’s Spektrum arena in 1994.

BSS/AFP/MRI/2228 hrs