‘If you're looking for profit, this isn’t the business for you’: why music festivals are no moneyspinners

  • 📰 The Telegraph
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Glastonbury, for instance, collected £50m in ticket sales but costly outgoings from artists to staff mean such festivals are no moneyspinners

Punters have forked out £250 to see artists including Janet Jackson, Kylie, Miley Cyrus, Stormzy and The Killers, and are expected to spend another £400 on average in the days surrounding the festival on food, drinks and other supplies, according to numbers crunched by Mendip District Council.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 41. in BUSİNESS

Business Business Latest News, Business Business Headlines