Economic Development Gold. 2 Words. 14 letters.

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October 11, 2016

Economic Development Gold: Music Festivals

The numbers on music festivals via Trips Reddy of the Umbel consulting firm:

800 annual music festivals in the US
30 million attendees
Top 5 festival combined ticket sales are: $200 million in 2016

The economic benefits of music festivals:

involve few fixed costs
flexible venues
flexible programming

The biggest cost of music festivals: security

Governing | For Economic Development Gold, Listen to the Music