E book pageant going through cutbacks as prices rise – Every day Enterprise

The Edinburgh Worldwide E book Competition is to chop again in response to the price of residing and falling attendances.

Organisers may even drop reside streaming of occasions after revenue this yr was down 40% on 2019, the final time a full-scale pageant happened.

Prices will likely be lower by 25% and a few of the 32 full-time workers will likely be made redundant.

The scaling again comes amid persevering with hesitancy to attend occasions following the Covid pandemic adopted by the rising price of power and meals payments which aren’t anticipated to ease considerably subsequent yr.

Nick Barley, the director of EIBF, informed The Scotsman that ticket and guide gross sales this yr have been “fairly brutal”.

Edinburgh Worldwide E book Competition (EIBF) mentioned: “We’ve got ready a prudent technique to climate this extremely difficult interval.

“For the E book Competition Charity to ship an economically sustainable guide pageant in 2023, the size of the operation will likely be diminished, together with reducing expenditure throughout all areas of the organisation and revising the supply of the pageant itself.

“This has required some robust choices, most heartbreakingly the resizing of the extremely gifted group behind the pageant and charity’s work, and pausing our streaming exercise, which has been so successful in opening up the pageant however prices a major quantity and is unaffordable within the present local weather.”

The pageant will happen subsequent yr from 12 to twenty-eight August at Edinburgh School of Artwork, nevertheless, there are more likely to be about 100 fewer occasions than this yr.