Taxpayers residing in LA may have to collectively shell out $170k to cover expenses associated with Made In America; Mayor claims it’s worth the expenditureย
As if paying exorbitant prices to attend your favorite music festivals wasn’t enough, the government is now going to take away whatever chump change you’re left with at the end of it. Such is the situation being faced by Los Angeles residents after Made In America, Jay-Z’s Philadelphia based festival made it’s debut in the city this year.
As it turns out, taxpayers may end up paying around $170,000 to cover expenses associated with the concert, according to a new report fromย The Los Angeles Times. Live Nation, who put on the event, were required to pay for $500,000 worth of city expenses, but costs for required city services exceeded that amount to a sum total of about $670,000.
The city’s mayor, Ericย Garcetti, played a major role in bringing the festival to L.A. for the first time andย said the festival isย worth the cost.ย Garcetti has argued that the festival, which featured such acts as Kanye West, Iggy Azalea and Imagine Dragons, showed L.A. is capable of hosting a huge outdoor music event. Although itย never sold out, and even discounted their ticket prices in the days leading up to the start of the festival, a full analysis of the financial impact of the festival will be available later this year.
(All Images Courtesy: Made In America Facebook)