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coachella It takes place annually in the city of Indio, California, United States.
Global live music industry revenue is projected to exceed $42.5 billion by 2024.
The first edition of the festival was held in 1999.
A user shared on her social networks an estimate of what she has spent on alcoholic beverages and food at the Coachella Festival, and it is clear that in these types of events the costs are usually excessive.
A new edition of the Coachella Festival recently began, which takes place every year in the desert of Indio, California, United States, and is organized by the entertainment company Golden Voice. This festival will take place on two consecutive weekends, from Friday April 14 to Sunday April 16 and from Friday April 21 to Sunday April 23, with the same performances and schedules on each weekend, due to the high demand it usually has. this massive event. Among the artists that will perform at this festival are Bad Bunny, Blackpink, Frank Ocean, Rosalía, Gorillaz, Björk, Kali Uchis, Becky G, Burna Boy, Charlie XCX, among others.
Currently it seems that everything has stabilized compared to previous years, and it is that in 2020 Coachella was canceled for the first time in 20 years, it was the authorities of Riverside, Calif. who announced the absolute cancellation of the festival, which had a strong economic impact, since thousands of jobs were lost due to this. That year, the festival was going to have the presence of Rage Against the Machine, Travis Scott and Frank Ocean, among others.
2020 was a year of losses for this industry, as the restrictions derived from the COVID-19 pandemic caused a drop in revenue from more than 23 billion dollars to only 4.7 billion dollars. Now, the recovery has not been long in coming and, with the accessibility of the measures in 2021, live music saw its collection increase by about 2 billion. In addition, forecasts suggest that this growing trend will continue in the near future, reaching more than 42.5 billion dollars in 2024.
User details how much she has spent at Coachella between drinks and food
The festival of coachella is one of the most popular events in the music industry. Every year thousands of people from all over the world flock to this event in the California desert to enjoy a variety of music genres and live performances.
A user named @Aqui Sandra shared on her TikTok account the expenses she had at the Festival between drinks of alcohol, food and the entrance fee.
The young woman mentions that the entrance to see the iconic wheel of the event costs $500 dollars ($9 thousand mxn) the cheapest ones, while the VIP ones cost double, in the house where she stays with 6 people they paid 300 dollars per person ($5 thousand 400 mxn) in addition to 30 dollars ($540 mxn) for renting a car.
@aquisandrax😱This costs💸 to go to Coachella🎡✨♬ original sound – 🌜Here Sandra✨
@aquisandrax I eat and spend this at Coachella🎡 day 2🤍✨ @bloomnu #bloompartner #bloominthedesert ♬ original sound – 🌜Here Sandra✨
@aquisandrax 😱THIS costs💸drinking🍾 at Coachella🎡 #coachella ♬ original sound – 🌜Here Sandra✨
Large musical events usually have high prices due to high demand, and this festival usually gathers around 250,000 people each year, as there are usually well-known singers from the music industry.
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