Article from Rollingstone
(Rollingstone) Music festivals are more dominant than ever in the concert business, and they're still growing – from Coachella, which brought in a record-breaking $47.3 million gross over two weekends in April, to this weekend's Starry Nights, where fans will be able to enjoy a pancake breakfast and capture-the-flag (along with acts including Cage the Elephant) on a farm in Bowling Green, Kentucky. "All the major ones that have been established for awhile sold out faster than they've ever sold out," says Charles Attal, a partner with C3 Presents, producer of Lollapalooza, which brought 270,000 fans to Chicago in August. "If 10 more festivals popped up in great markets, with great parks and great concepts, I think they'd work."
With a few poorly organized exceptions, festivals were able to expand and sell out faster than usual throughout 2012. The Electric Daisy Carnival, a dance-music fixture in Las Vegas, drew more than 300,000 fans over three days in June; its May spin-off in East Rutherford, New Jersey, sold 100,000 tickets and grossed...
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