Sydney Mardi Gras organisers blame $177,664 loss on negative publicity

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Organisers of Sydney’s Mardi Gras have blamed a financial loss on high ticket prices and negative publicity.

Last year’s event lost $177,644 (£100,000), and an overhaul of the festival has been suggested by bosses.

The previous year, 2012-13 made $45,693 (£25,000) profit, but this year’s finances will be put under scrutiny at today’s annual general meeting.

The chief executive of Sydney Mardi Gras, Michael Rolik said money made by ticket sales and fees was half a million dollars less than expected.

Organisers also blamed publicity around a video and several witness accounts which alleged police violence at Sydney Mardi Gras 2013.

“The impact of negative publicity of Policing at our events in 2013, despite the implementation of the Mardi Gras Accord was one of several factors in lower sales this year,” he said in the organisation’s annual report.

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