Billboard.com
With the summer music festival season just around the corner, leading international festival producers insist that the difficult economic climate isn’t putting a serious crimp on business, with key promoters reporting that ticket sales are on par with years past.
“We’re not feeling it yet,” says Randy Phillips, whose company produces large U.S. festivals like Coachella and Stagecoach. “I’m not saying we won’t eventually, but the festival business is tremendous value for the money in terms of the show and what you get.”