Coachella Festival Saved From 'Outrageous' Amusement Tax

04/08/2013
.
(Radio.com) For those that were scared Coachella was on the outs with the city of Indio, California, don't worry- you'll be able to don feathers, neon, and whimsical hot pants for the next 17 years.

Last July, tempers flared as festival promoter Goldenvoice threatened to move the now two-weekend arts and music event out of Indio over a proposed "outrageous" amusement tax. After the announcement hit the media, councilman Sam Torres quickly backed down from his controversial ticket tax proposal.

On Wednesday (April 3), Indio, with its 77,000 residents, 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 (country music festival) contributed to create an economic impact of around $89.21 million dollars in 2012 alone.

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 works.

The proposal sets the stage for Goldenvoice to increase its concert offerings from three events per year to five. more on this story

Radio.com is an official news provider for antiMusic.com.
Copyright Radio.com/CBS Local - Excerpted here with permission.

advertisement

Coachella CDs, DVDs and MP3s

Coachella T-shirts and Posters

Share this article
Share on Facebook Share on Twitter Share on Google+ Pin it Share on Reddit email this article


...end


advertisement



Follow Us:

Contact Us - Privacy - Why we are antiMusic

Copyright© 1998 - 2017 Iconoclast Entertainment Group All rights reserved.

Please click here for legal restrictions and terms of use applicable to this site. Use of this site signifies your agreement to the terms of use.