What are the main costs on events like this? It seems they're expensive to get in to, expensive to buy anything at, yet the artists get paid poorly and the events keep going broke...
Where's all the money going?
this post was submitted on 17 Aug 2024
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Probably insurance, permit fees and marketing at a wild guess.
I reckon there's an opening for councils to provide insurance for big events like this at a more reasonable cost.
Or even free, assuming certain criteria are met.
If there's that much money to be injected in to the local community, councils stepping up to make it viable is still going to be a huge net financial positive.
Also if a festival is spending less (nothing?) on insurance and permits, they can spend more on extending the event or having more performers. Or cheaper entry prices.
Yes, thwy all seem to have huge costs but end up being poorly run and staff and performers paid a pittance. Its a pity that it can't be more casual, where entry is at your risk and people are just sensible. However, that's no longer the world we live in. Careless dicjheads ruin it for everyone.