Exit (Literary Serbian: Егзит, Egzit) (also known as State of Exit) is an annual summer music festival in the Petrovaradin Fortress of Novi Sad, Vojvodina, Serbia. It is staged annually since 2000 and since 2003 lasts four days. Held in the 18th-century fortress by the Danube, the festival quickly grew in stature and reputation. From its grass roots political beginnings, over to occasional problems with financing, Exit tries to stick to its initial mission of providing relevant entertainment to Serbian youth while also bringing pertinent social topics to the forefront. The festival was founded in 2000 by three University students from Novi Sad, Dušan Kovačević, Bojan Bošković and Ivan Milivojev. In 2000 and 2001 the festival was organized through the Students' Union of the Faculty of Technical Sciences and the University of Novi Sad. In the meantime, several NGOs and commercial companies have been involved in the organization. Since 2007, the festival has been a subject of several official and unofficial takeover bids. UK Festival Awards 2007, together with Yourope, the Association of the 40 largest festivals in Europe, awarded Exit the "Best European Festival" award. Public from all over the world voted for about a month, and among 10 festivals, Exit won this award that was awarded for the first time in the category of the Best European Festival. The festival began in 2000 as a student protest against the government. During its existence, it has developed into a favourite European music festival and as an organisation with a powerful social platform. Exit has been visited by over two million people in more than 60 countries. CNN, The New York Times, and many others have on numerous occasions proclaimed EXIT amongst the Top Ten world festival destinations. The decision was profoundly influenced by the unique location, hospitality of locals, affordable prices and attractuve programme. Exit's status as one of the best summer party destinations, which includes amenities for all holiday makers, has contributed in making the event more than a music festival. Exit takes place at the Petrovaradin Fortress, located on the right bank of the river Danube in Novi Sad. The location is important for the festival’s atmosphere while it offers superb acoustics, allowing that different events and gigs take place one next to another, without the sound interference. Also, nearby Novi Sad also has lots to offer visitors with a rich cafe and hospitality culture.

Source: Wikipedia