The ticket sales company for Wegow concerts last Wednesday distributed a statement in which it reports that it starts is a way to help get ahead of companies that go through a difficult economic situation, prior to the presentation of a creditors contest. Wegow is a Spanish company based in Bilbao and Madrid.
“We address you with the utmost respect and sense of responsibility to inform you of the complex situation that our company is currently going through. From Wegow, we want to communicate openly and honest that we have initiated the legal process of pre -conclusion of creditors, a step that, although difficult, we consider necessary to find solutions that ensure the future viability of our project,” says the statement. This decision affects several Spanish groups that are selling their tickets on this platform. The system is as follows: A user buys the entry in Wegow and then the company reports to the promoter or the bands. The concern is that the groups finally do not get the money. “The possibility of not charging is just an intuition. Hopefully yes. At the moment the lawyers have told us not to say anything,” a newspaper tells a manager of an affected Spanish group.
He has published in the social networks the following message: “I boil the blood that we are silent a lot of affected companions, to those who have left us to owe an indecent amount of money, because on top of whether we speak those of us who have those of losing are us.” This newspaper has contacted twenty -one and does not want to speak. Nor were the bourgeois possible affected, they want to make statements. From Wegow they refer to their statement. “For the last concerts we have changed to another ticket, because if not, we are going to lose a lot of money,” says Javi Fernández, of the Valencian Group Bombai. “Hopefully we charge, but I see it complicated,” he adds.
Wegow thus justifies its economic crisis: “Like so many other cultural companies, we have suffered the impact of a combination of factors that have weakened our financial stability: the still palpable consequences of the pandemic, the inflation of structural costs or the uncertainty on cultural consumption.” The company has three business lines: Wegowtickets, WegowForbrands and Bracelit. The most affected company is the first. “We are actively working on the proposal of solutions for promoters in the context of the preoconcia. We want to convey a message of tranquility: this measure does not imply the stoppage of our operations, but seeks precisely to rearrange our activity to recover normality and preserve the ecosystem that we have built jointly with you,” concludes the statement.
