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re: Rolling Stones no longer performing at 2019 NO Jazz Fest

Posted on 3/30/19 at 8:33 am to
Posted by lsupride87
Member since Dec 2007
96792 posts
Posted on 3/30/19 at 8:33 am to
Also, a single day max attendance is 160,000 at jazz fest

The stones day sold out at an elevated ticket price of $200 per ticket

So this is $32,000,000 they are going to have to refund

Even if they just go to the normal ticket price of $85 for that day and still sell out that’s an $18,500,000 loss
This post was edited on 3/30/19 at 8:35 am
Posted by Legion of Doom
Old Metry
Member since Jan 2018
4989 posts
Posted on 3/30/19 at 9:19 am to
quote:

Max attendance is 160,000


But that’s with the entire Fest open. On Rolling Stones day all stages were going to shut down at 4pm except the Acura stage. I can’t imagine they sold 160,000 tickets. If I had to listen standing around the Gentilly stage I’d be pissed.
Posted by hobotiger
Asbury Park, NJ
Member since Nov 2007
5205 posts
Posted on 3/30/19 at 9:23 am to
quote:

, a single day max attendance is 160,000 at jazz fest

The stones day sold out at an elevated ticket price of $200 per ticket 

So this is $32,000,000 they are going to have to refund 

Even if they just go to the normal ticket price of $85 for that day and still sell out that’s an $18,500,000 loss


The stones day had limited tickets. They were the only band playing after 4 so all people would go to that stage so they may have sold 50 to 60 thousand tickets

Now the issue will be will the organizers be able to fill all those empty stages with decent acts. Or will they announce some other big headliner
Posted by MusclesofBrussels
Member since Dec 2015
4574 posts
Posted on 3/30/19 at 10:12 am to
quote:

Also, a single day max attendance is 160,000 at jazz fest

The stones day sold out at an elevated ticket price of $200 per ticket

So this is $32,000,000 they are going to have to refund

Even if they just go to the normal ticket price of $85 for that day and still sell out that’s an $18,500,000 loss


This is a poor attempt for a nerd accountant
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17444 posts
Posted on 3/30/19 at 1:30 pm to
In addition to the limited tickets as others mentioned, You are forgetting that the fest doesn’t have to pay the stones now either. That was a lot of money
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