Sziget Festival a success despite small budget

The Sziget Festival, one of Europe's largest rock music festivals, kicks off for the 20th time today on Budapest's Shipyard Island. Despite its comparatively small budget, the festival is internationally acclaimed, writes the business paper Világgazdaság: "Although Sziget won the prize for the best major European festival last year, for its 20th anniversary edition it can't boast the biggest names as participants. Unfortunately the festival still doesn't have the prestige - or the budget - to lure the stars who play at other international festivals. More than one hundred major festivals take place in Europe every year. To remain competitive in view of this diversity, a festival has to have something that singles it out. ... Sziget has adopted a very clever strategy, so it's not as if it had problems in this regard. ... This year, too, almost 400,000 people are expected to visit the island. The previous 19 Sziget festivals have attracted over five million visitors, with the number of foreign visitors reaching 85 percent in recent years."

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