This year, the epidemic was released, and young people who had been holding back for three years began to move, and various attractions were full, and even more music festivals in various places. I checked, during May Day alone, there are more than a dozen large-scale music festivals across the country, but strawberries, midi and the like cost 30 or 40 million at every turn, can tickets alone return the cost? And how to make money?
The planning and organization of music festivals requires a lot of time and money, including venue rental, stage set-up, artist fees, sound equipment, brand sponsorship, etc. I estimate that the direct cost of a music festival is more than 30 million. In addition, local security, traffic police, medical care, sanitation, fire protection, urban management, communications, and electricity are indispensable, and the transfer of personnel is estimated to be thousands, and this indirect cost is higher. The direct and indirect costs add together, and it is 50 million.
But in terms of revenue, a music festival is attended by 30,000 or 40,000 people, and all the tickets add up to several million. This is obviously a loss-making transaction, why should all localities rush to do it? If we ordinary people don't participate in music festivals, how can we make money from music festivals?