Parachute Music chief executive Mark de Jong announced last week that the curtain had fallen on the event, held at Mystery Creek Events Centre near Hamilton, after 24 years. January's event made a $250,000 loss.

Shortly after, Thames High School students Holly Douglas, 16, and Jennifer Hedges, 15, launched the Help Bring Back Parachute 2015 page on Facebook, and by yesterday it had more than 3100 likes.

On Monday the teens launched the Give Back2 Parachute Twitter account @PchuteSupporter, and on Tuesday a bank account had been opened in their name.

"We have got lots of people on the Facebook page who want to help us fundraise," Jennifer said.

"We are getting really trusted people from the community that we know to look after the bank account." Continue reading

The Parachute Festival has attracted tens of thousands of fans every year to Hamilton since it began in 1992.

Founder Mark de Jong, said they reduced ticket prices, slashed operation budgets and did many other things to try make the festival work. Continue reading

Festival founder Mark de Jong had told Fairfax Media earlier in the month there had been a change in the Parachute ethos this year as the average young Christian didn't listen mostly to Christian music any more.

"There's a deliberate move to not have some of the traditional artists we have had in favour of much higher-profile commercial New Zealand artists."

Bands like US-based Casting Crowns and Third Day lost out headlining to New Zealand artists Stan Walker and Dave Dobbyn.

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