The Reading and Leeds Festivals are two yearly music festivals. They take place in Reading and Leeds in the United Kingdom. They are run by Festival Republic (itself owned by Live Nation and MCD). The festivals take place one at a time on the Friday, Saturday and Sunday. They take place on the August of bank holiday weekend. They share the same bill. Between 1998 and 2007, the two festivals were known as the "Carling Weekend", until parting ways with their sponsor Carling in November 2007.