Nobel committee cancels Peace prize concert

The traditional Nobel Peace Prize concert staged after the annual awarding of the  Prize on December 10 in Oslo will not be staged this year due to financial difficulties, the organisers said Tuesday.

“There will be no Nobel Peace Prize concert” in 2018, said a statement from the Nobel Institute, Warner Bros Norway and the Gyro Event company.

“The decision emerges from a wish to re-think the concert format and content but also reflects the challenging financial situation of the concert in recent years,” it added.

Live television audiences for the concert, which has been paid for solely by private patrons, have fallen away in the age of smartphones and the organisers said they would consider new platforms.