LiveNation pull out of Hyde Park

LiveNation, who have held the contract for running gigs in Hyde Park, have pulled out of the bidding process to carry on. And they're not doing so with good grace:

Live Nation has written a formal letter of complaint about the tender and bid process for the new contract.

It is understood that the letter raises issues such as noise – in July Bruce Springsteen and Sir Paul McCartney's microphones were switched off during a duet due to curfew issues. Other issues understood to have been highlighted by Live Nation include crowd safety considerations in shutting off Park Lane and unrealistic revenue assumptions.

It might just be that Hyde Park isn't a place where you can effectively put on concerts without causing so much disruption that it's impossible to do it well.