Contemporary music festivals are not just a source of experiences and entertainment for participants, but also a significant component of the business ecosystem, generating demand for services in gastronomy, media, and maintenance. On August 4, 2023, social media was abuzz with the unexpected news of the cancellation of the Fest Festival. At the same time, news emerged about the initiation of restructuring proceedings (initially incorrectly reported as bankruptcy proceedings) of the responsible company (FEST FESTIVAL sp. z o.o. based in Warsaw).