Pennsic
Friday morning the Pennsic staff announced that Pennsic 49, postponed from last year, would be postponed again to next year. This did not surprise me; I figured a 50-50 chance this year was optimistic, given the uncertainties involved. Our camp had already been discussing the possibility of holding "Little Pennsic"; one person has enough land for our 25 or so vaccinated people to camp for a week.
A few hours later, Cooper's Lake Campground announced that they would be holding "Armistice" during the Pennsic timeslot, and that they need this event to succeed or they might not be around in 2022. As a business that relies on events -- except for this year, they no longer host plain old camping, only large events -- they are certainly hurting, but there was something about the language that felt off-putting to me. (More on that in a few paragraphs.)
The event announcement has the basic information: not an SCA event but designed to resemble Pennsic in most ways. No battles, but groups can "check out" list fields or archery ranges for their own use (and presumably at their own liability). Tents will be available for classes. Merchants are welcome. There will be some semblance of "land grab" for camping spots. You can register now (prices are higher than Pennsic). But they don't yet say anything about pandemic-related restrictions, like whether vaccines will be required and whether, even with vaccines, masks will be required. They'll follow state guidelines but, in April, nobody knows what those will be in July/August. That makes it hard for people to commit.
Pennsic has, over the last several years, felt more and more like a Cooper's Lake event and less and less like one controlled by the SCA, so in a way this is a natural step in the evolution of the event. For most events, the SCA rents space and is responsible for running the event; with Pennsic, Cooper's Lake has much more control, particularly over the financial aspects of the event. It's kind of a weird hybrid.
Pennsic has been at Cooper's Lake for about 45 years. The original Coopers (and Wilvers), who were friends of the SCA and shared its values, are gone. A new generation is running the campground now. They don't have that history and they don't share those values, so it's not surprising that they run things differently. The old Coopers could have said "hey folks, we're in trouble" and help would have flooded in from their friends in the SCA. The new Coopers have not maintained that close relationship, focusing on the business over the people (sometimes at the expense of the people), so it's hard to predict what will happen now. I think this is why I react to their plea the way I do; they moved from personal relationships to a business model, which is a valid decision for them to make, but this is the kind of appeal one makes with personal relationships. It feels out of place, given the changes in direction.
I suspect that when (if) Pennsic returns in 2022, the SCA will own less of it than it did in 2019. Only time will tell what Pennsic will look like in a few more years.

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I agree that OG Coopers would never have handled it this way. Has there been any talk from SCA people in positions to know about how endangered the business is?
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There is a post on their Facebook page, which I can't see more than the first few lines of without an account, but somebody copied and shared it. That's the post I was referring to with the existential concerns.
There's also the event announcement on their site.
I haven't heard any SCA folks with inside knowledge talking about this. Those who know probably wouldn't post stuff online in kingdom venues, and without the ability to just chat with folks casually at an event, it's harder to find out what's going on.