Festival organizer won't have a role in the festival going forward.
It appears that 2019 was the last year on the Farm in Manchester, Tenn. for Bonnaroo co-founder Rick Farman with Superfly Entertainment.
Live Nation purchased a controlling interest in the festival in 2015 and has told minority owners in Bonnaroo that it plans to exercise a buyout clause in the agreement to purchase the rest of the festival, Billboard has learned. The transaction will take place before next year's festival and effectively ends Superfly's role as festival producer, although a limited role for Superfly at the festivsal is being considered. Going forward, Bonnaroo will be produced by co-founder AC Entertainment and C3 Presents, which Live Nation purchased in 2014.
"We built this business on partnerships, and having a company like Live Nation come to the table and want to be part of that partnership in the way that they are here, and making the commitment to taking Bonnaroo to the next level, is an extremely gratifying, humbling validation of the hard work," that has gone into the event since it was first launched in 2002, Farman told Billboard in a 2015 interview.