With diverse lineups consisting of the biggest names in music past, present, and future, these festivals have become major draws for fans who want to see a handful of their favorite acts perform without having to attend individual shows. For the third consecutive year however, it appears that Coachella will reign supreme as the most expensive of the three major music festivals.
The owners of the Big Day Out festival have vowed that all the vendors involved with this year’s event would be paid despite enduring a tough year for ticket sales.
Forecasting the future is a spurious science. The history of futurology is littered with examples of misplaced self-confidence, such as when Harry M. Warner of Warner Brothers said in 1927 that no one would ever want to hear actors talk, or when IBM chairman Thomas Watson predicted in 1948 that there would never be a need for more than five computers in the world.