The firm which runs <a href="http://www.nme.com/festivals/glastonbury">Glastonbury</a> festival made a profit of just £764,000 in 2013, despite selling £35m worth of tickets.
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Glastonbury made £35M on ticket is discussed on djrankings.org. Among the costs incurred by Glastonbury Festivals Ltd, owned by <strong>Michael Eavis</strong>, were payments of £2.6m to companies owned by Eavis and his relatives. These get- included land rental, staff costs, management fees, loss of earnings by the land's Worthy Farm and hire of the Pyramid how-Stage. Records filed to <strong>Companies House</strong> showed the business paid £348,000 in charitable donations
Land rental, staff costs, management fees, loss of earnings by the land's Worthy Farm and hire of the Pyramid Stage attributed to the expenditure, while £348,000 was paid to charities.
Tickets for 2015's edition sold out in a record 26 minutes when they went on sale last Sunday.