Music festivals and concerts have exploded into a $12 billion business over the last ten years. The biggest festivals, like Coachella or the Electric Daisy Carnival, can attract more than 100,0000 people a day, and gross more than $10 million.
The festivals don't just generate revenue for the organizers, the musicians and their crews. Each event spawns a kind of mini-municipality. There's all the things you'd expect from a music festival, like the merchandise vendors and food sales; and then there's all the things you might not necessarily think of, but which every festival needs: police and fire services; water and power; port-a-potties; healthcare.
Put all of these services together, and these festivals have a massive economic impact. They employ thousands of people. So when the coronavirus struck, and the festivals began announcing cancellations, it wasn't just the end of a good day out for music fans: for many people, it was the end of their livelihoods.
Thank you Stacey and NPR for the opportunity to share our story! 🤗💓
Couchella!
Cases and deaths are over reported to sell fear and medical martial law. Resist their plandemic.
'Burning Man receives $2 million to $5 million loan to save jobs during COVID-19 pandemic' This probably helped a little bit.
Rip gig economy.
there is no pandemic! the masses won't be enthralled by misntrals and court jesters
Yup. Concerts and live events of evey size. Done. Overnight. They were the first to go and will be the last to return.
Dominos.
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Source: RollingStone - 🏆 483. / 51 Read more »