Podknife - The year the music festival died by The Indicator from Planet Money

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The year the music festival died

Podcast |: The Indicator from Planet Money
Publisher |: NPR
Media Type |: audio
Podknife tags |: Business,; Economics
Categories Via RSS |: Business
Publication Date |: Oct 08, 2024
Episode Duration |: 00:09:10

Is 2024 the year the music festival died? Festivals are getting canceled left and right, from Northern California to Florida to Virginia. Big name festivals that used to sell out in minutes struggled to sell tickets this year, too, like Burning Man and Coachella. And it's not just America. By one count, over 60 music festivals were canceled in the UK this year alone. In Australia, so many festivals were canceled that one newspaper there recently asked, are the nation's music festivals extinct?Today on the show, the music festival recession. What's behind it and is it temporary or a permanent cultural shift?Related Episodes: Live Music Industry Blues The Economics of Music FestivalsFor sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy

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