Fine writing it's not!

"It was seen as an opportunity to get artists and folk industry pundits together and say thank you for their work over the previous twelve months."

Does that mean they say thank you to each other? Or is there someone else saying thank you to them? And what is the work a "folk industry pundit" is engaged in? Is a "folk industry pundit" different from "we, the people who work in folk music".

Pundit: A learned Hindu; one versed in Sanskrit and in the philosophy, religion and jurisprudence of India;or a learned expert or teacher (joc)

I take it the learned expert or teacher is the relevant definition. But I somehow doubt if too many of Colin Irwin's "folk industry pundits" would really measure up to that.