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

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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.

 

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