The World Famous KROQ

For those that were scared Goldenvoice’s popular Coachella Valley Music & Arts Festival was on the outs with the city of Indio, don’t worry; you’ll be able to don feathers, neon, and whimsical hot pants for the next 17 years.

On Wednesday, Indio approved a proposal by Goldenvoice  to continue operations while also expanding the festivities into the city proper. Monetarily, this is a great move for the Indio economy.

Not only does the city receive $2.33 per ticket (with the number increasing to $5.01 next year), but the Los Angeles Times is reporting that the combined force of Coachella and Stagecoach contributed to created an economic impact of around $89.21 million dollars. They receive $1,385,196 million in revenue from Goldenvoice.

With a majority vote from the city council, Goldenvoice will also have the ability to put on concerts in the fall although there are no definite plans in the…

View original post 158 more words


About Les Modes Akana Iumola

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s