Inaugural Ocean Way Festival Tickets Go On Sale

The first major music festival on Santa Monica beach, featuring headliners like The Killers and Olivia Dean, begins its general ticket sale this week, generating significant buzz ahead of its September debut.

The top 3

  1. Top Revenue-Generating Festivals: Coachella Valley Music and Arts Festival is one of the most profitable music festivals, grossing $114.6 million in 2017 and $115 million in ticket revenue in 2023, marking the first time a recurring festival exceeded $100 million. The Desert Trip festival in 2016 holds the record for the largest event report in Pollstar history, with an astonishing $160.1 million gross.
  2. Most Expensive Festival Tickets: The Secret Solstice Festival in Iceland offered a $1 million ticket in 2016 and 2018, which included private jet travel, luxury accommodation, private concerts, and unique experiences like a party under a glacier and a concert inside a volcano. Coachella's elite VIP and Safari packages can reach over $25,000 USD, offering luxury accommodation and concierge services. Outside Lands was identified as the most expensive music festival in America in a 2024 study, with an average day costing $301.70.
  3. Festivals with Largest Economic Impact: The Coachella and Stagecoach festivals combined generate over $700 million annually for the local economy in the Coachella Valley. A 2012 economic impact study estimated that Coachella alone brought $254.4 million to the broader desert region. Bonnaroo, held in Tennessee, injected $339 million into the state's economy in a 2023 study, generating over $50 million annually for the Coffee County region alone in pre-pandemic years.

Sources

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