Highest grossing festivals worldwide in 2019
Popular music festivalsMusic festivals generate millions of dollars in revenue every year and some of the world’s most popular pull in huge numbers of fans. Outside Lands sold over 200 thousand tickets in 2018, making it the second highest grossing music festival in the world based on ticket sales. At the top of the ranking was Lollapalooza Brazil with 246 thousand tickets sold, more than double the sales of Bluefest, Longitude and Life is Beautiful Festival. Other events to make the top twenty included Hurricane, a rock festival held annually in Germany since 1997, and Electric Daisy Carnival, the biggest electronic dance festival in North America.
Many festivals have what could almost be called a cult following based on the kinds of acts they offer, with diehard fans attending the same festival every year without fail. However, for some festivals, trying to buy a ticket is like chasing a rainbow.
A good example of this is five-day British festival Glastonbury, which requires potential attendees to register in advance of tickets going on sale. However, tickets are not guaranteed even after registration and cannot be paid for with a credit card (which for many means saving up in advance). If you do get one, after paying the initial deposit it is required to pay the remaining balance within one week. The event is in such high demand that guides have been published providing advice on how to complete the ticket buying process. Popular with older and younger generations alike, Glastonbury Festival has almost 900 thousand fans on Facebook alone and is considered to be one of the biggest annual cultural events in the United Kingdom. In the United States, the equivalent is the much discussed and wildly popular Coachella Valley Music and Arts Festival, which frequently sells out in a matter of hours. Coachella has not published its ticket sales and revenue figures comprehensively since 2017, but reportedly grossed around 114.6 million U.S. dollars in that year.