Aspire Market Guides


The logo for KKR appears above a trading post on the floor of the New York Stock Exchange, Thursday, May 1, 2025 [AP Photo/Richard Drew]

Spanish musicians and cultural workers have launched a widespread boycott in protest against the Western-backed Zionist genocide in Palestine. Their targets are music festivals owned or operated by investment giant Kohlberg Kravis Roberts (KKR), which is financially involved in real estate developments within Israeli-occupied Palestinian territories.

As reported by the online outlet El Salto, KKR acquired Superstruct Entertainment in 2024 for €1.4 billion. Superstruct organises more than 80 music festivals globally, including some of Spain’s most high-profile events. It is now the world’s second-largest festival promoter, after Live Nation.

KKR is also the principal investor in German media conglomerate Axel Springer, which owns prominent publications such as Bild, Die Welt, Business Insider, Politico, and Upday. Axel Springer also operates a real estate platform, Yad42, which offers housing built in occupied East Jerusalem, Gaza, and the West Bank.

In addition to its real estate and media interests, KKR has extensive business ties to Israel. It owns the property management platform Guesty, collaborates with the Israeli cybersecurity firm IntSights, founded by former Israeli military intelligence officers and, in 2021, built a 10.5 MW underground data center in the Israeli city of Petah Tikva (through its subsidiary Global Technical Realty).



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