[REVISION HISTORY]
Allianz sponsorship controversy at Madrid Ideas Festival
Updated 1 time since CLSTR started tracking revisions of this situation.
What changed
2026-09-15 15:05 UTC → 2026-09-16 05:45 UTC ·
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Allianz initially announced its return as the main sponsor for the 2026 Festival de las Ideas in Madrid, an event organized by the Círculo de Bellas Artes and La Fábrica focused on the theme of ‘Bodies’. However, the company subsequently withdrew its sponsorship following protests from several high-profile participants, including filmmaker Rodrigo Sorogoyen and Sorogoyen, writer Alana S. Portero. Portero, and singer Rodrigo Cuevas. The protesters demanded the festival disassociate from Allianz, alleging the company is a “fundamental financier of the ongoing genocide” due to its purchase of Israeli state bonds. Activists further demanded that the festival publicly commit to refusing funding from entities they claim cooperate with the State of Israel. Festival organizers stated the decision to withdraw suspend the sponsorship agreement was made jointly with Allianz to ensure the event could proceed. proceed as a space for free exchange and open discussion. The organization has committed to assuming all noted that losing its main sponsor creates a significant economic costs for the festival. burden, as finding a replacement within 48 hours is considered difficult or impossible. The festival is scheduled to run from September 17 to September 20.
Versions
- 2026-09-16 05:45 UTC Allianz sponsorship controversy at Madrid Ideas Festival
- 2026-09-15 15:05 UTC Allianz sponsorship controversy at Madrid Ideas Festival
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