Music Festivals 2017 Coachella Hauls In Record 114 Million In Profit

first_img Music Festivals 2017: Coachella Hauls In Record $114 Million In Profit Coachella 2017 Reaches New Profit Heights music-festivals-2017-coachella-hauls-record-114-million-profit Billboard reports that Coachella earned more than $114 million in profits in 2017, the first reoccurring festival to break the $100 million mark in a single year.While it’s still a pace off the highest-grossing festival of all time — 2016’s two-weekend Desert Trip, which earned more than $160 million — Coachella has again claimed the top spot among profitable reoccurring festivals, a distinction it has earned each year since 2011.As the festival’s popularity has grown, so has its profit — seven-fold since 2007. In 2007 Coachella earned $16 million when it was still a one-weekend deal. After moving the celebration to two weekends in 2012, the festival earned $47.3 million.​Grand Ole Opry Schedules $12 Million In Renovations Facebook NETWORK ERRORCannot Contact ServerRELOAD YOUR SCREEN OR TRY SELECTING A DIFFERENT VIDEO May 15, 2017 – 1:50 am Kendrick Lamar wins Best Rap Album GRAMMY Twitter News Popular two-weekend music festival breaks records with its 2017 profits Renée FabianGRAMMYs Oct 18, 2017 – 12:04 pm The 2017 edition of the popular two-weekend music festival Coachella, headlined by Radiohead, Kendrick Lamar and Lady Gaga, was one for the record books. Email last_img

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