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Thread: Hope GV didnt lose money on this

  1. #1

    Default Hope GV didnt lose money on this

    I mean, Im certianly no expert.
    Ii have no idea what kind of business they would need to do turn a profit, but this year did seem leaner on Fri and Sun attendancewise.

    I had the best time Ive had at a Coachella since i started goin in 04, so here's hopin they didnt just break even, or even lose money.
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  2. #2

    Default Re: Hope GV didnt lose money on this

    I completely agree with you. I hope every Coachella in the future is as great as this one as far as the quality lineup and space to move around.

  3. #3
    old school MarkO's Avatar
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    Default Re: Hope GV didnt lose money on this

    I got 24 bottles of water at WalMart for $3.88, that wouldn't get you two bottles inside Coachella. I'm pretty sure the profit off the water alone could make up for any drop in ticket sales.
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  4. #4

    Default Re: Hope GV didnt lose money on this

    Actually, while $2/bottle is obviously a big markup over the outside world, it's the best deal on water going for any sort of venue, whether it's an outdoor concert or a club or a stadium. And kudos to them on the 10:1 recycling deal as it has completely eliminated the day-2 "carpet-o-plastic" of previous years.

    As for Goldenvoice losing money, I'm hardly going to cry for them. Assuming a pretty lowball estimate of 40,000 attendees/day, that's in the $4million range from ticket sales alone. Add to that vendor fees, direct concession sales, and sponsorship dollars, I think they did pretty damned well for themselves.

  5. #5

    Default Re: Hope GV didnt lose money on this

    i didn't buy a water the whole time. 10:1 baby 10:1.

    but the fucking cocktails in the vip area sure ate a whole HELLUVA lot of money out of my pocket.

  6. #6

    Default Re: Hope GV didnt lose money on this

    Quote Originally Posted by swankgd View Post
    AAssuming a pretty lowball estimate of 40,000 attendees/day, that's in the $4million range from ticket sales alone.
    Correction - I stopped a step early, that's $4million/day, so $12million over 3 days on tickets.

  7. #7
    Coachella Junkie dorkfish's Avatar
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    Default Re: Hope GV didnt lose money on this

    Quote Originally Posted by Goodtoknow View Post
    i didn't buy a water the whole time. 10:1 baby 10:1.

    but the fucking cocktails in the vip area sure ate a whole HELLUVA lot of money out of my pocket.
    VIP free water, and you still chose to recycle?
    *based upon tedious fact checking.

  8. #8
    thestripe
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    Default Re: Hope GV didnt lose money on this

    Quote Originally Posted by dorkfish View Post
    VIP free water, and you still chose to recycle?
    I some how made it into the VIP after Hot Chip. I sat on the grass and drank my way through Kraftwerk. VIP is kind of weird but I was prepared for Portishead.

  9. #9
    zeezus amyzzz's Avatar
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    Default Re: Hope GV didnt lose money on this

    I brought in water all 3 days. Security saw it and let me keep it anyway.
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  10. #10
    old school Bud Luster's Avatar
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    Default Re: Hope GV didnt lose money on this

    yeah, they were allowing sealed water bottles in this year no problem, and small whiskey bottles too, but Im not sure they saw that one.

  11. #11
    old school emtgreg's Avatar
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    Default Re: Hope GV didnt lose money on this

    security was amazing this year, i really do appreciate allowing in sealed water bottles, i still bought some in the venue (5 bottles simply doesnt last)

    also, the festival seems so much more efficient, tons of attention to detail, will call was well done, camping seemed to run smoothly, all around seemed to be a super professional, at least compared to last year when everything seemed rushed and everyone seemed overwhelmed...

    i hope they did not loose money, this was the most perfect festival i could have ever imagined...
    "It began as a mistake" - Charles Bukowski

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  12. #12
    Member Spongehead56's Avatar
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    Default Re: Hope GV didnt lose money on this

    Yes, thanks again GV for letting us bring in sealed water bottles. It was super helpful.
    '08,'09

  13. #13

    Default Re: Hope GV didnt lose money on this

    in all seriousness, the festival ran PERFECTLY this year. never long waits at security...parking was i think as good as could be expected for having 90000 people parking in a one sq mile radius...and the music/atmosphere was as amazing as always.

  14. #14
    Coachella Junkie woogie846's Avatar
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    Default Re: Hope GV didnt lose money on this

    The parking improved drastically from previous years; great job GV!

  15. #15
    Coachella Junkie luckyface's Avatar
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    Default Re: Hope GV didnt lose money on this

    For people with good parking experiences, where did you park? And how did you get there? I want to plan accordingly for next year!
    For your health

  16. #16
    Coachella Junkie Boourns's Avatar
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    Default Re: Hope GV didnt lose money on this

    VIP is the best thing ever. I don't know how I could take a shit without it.
    7/2 Batwings Catwings @ Los Globos, 7/11 Nick Cave, Warpaint @ the Shrine, 7/18-20 Pemberton, 7/27 Babymetal @ Fonda, 8/1 Arcade Fire, the Unicorns, Dan Deacon at the Forum, 8/2 Burger a-Go-Go, 8/9 Warpaint @ Observatory, 8/10 Warpaint @ The Ace, 8/23-24 FYF Fest, 9/19 Chvrches @ Palladium, 9/30 Cibo Matto @ the Roxy, 10/16 Massive Attack @ Greek Theater

  17. #17
    old school JebusLives's Avatar
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    Default Re: Hope GV didnt lose money on this

    Lot 5. I think it was exhibitors last year... went around the back way down washington to 52nd. Its a bit of a walk (kinda in behind the sahara, gotta go all the way around) but it was quick in and quick out, with no car lineups at all.

  18. #18
    Coachella Junkie luckyface's Avatar
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    Default Re: Hope GV didnt lose money on this

    Quote Originally Posted by JebusLives View Post
    Lot 5. I think it was exhibitors last year... went around the back way down washington to 52nd. Its a bit of a walk (kinda in behind the sahara, gotta go all the way around) but it was quick in and quick out, with no car lineups at all.
    Excellent. Thanks for the tip. I will need to remember this for next year.
    For your health

  19. #19
    Member beavington's Avatar
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    Default Re: Hope GV didnt lose money on this

    oh yeah best part of all, I actaully got cell phone service inside!
    "It's in the K" - Martha Stewart

    Since the show list is very minimal...
    August 29 // Chemical Brothers w/ Chromeo & Yacht @ Hollywood Bowl
    September 26 // Vampire Weekend w/ Beach House & the Very Best @ Hollywood Bowl
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    (someone should give me Sufjan Stevens tickets, aint got none of those)

  20. #20
    Lurker onawhim onadare's Avatar
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    Default Re: Hope GV didnt lose money on this

    Lot 6 was the best for me and my friends...the first night was a nightmare until a guy was nice enough to lead us out the easy way, ha! we parked there every night after that and never had any problems. plus the walking distance was closer than lot 5

  21. #21
    Coachella Junkie Sushov23's Avatar
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    Default Re: Hope GV didnt lose money on this

    Quote Originally Posted by luckyface View Post
    Excellent. Thanks for the tip. I will need to remember this for next year.
    Luckyface it's all about lot 3, the one that leads you to Jefferson. It took me 5 minutes top to get out both sat, and sunday. Friday was a different story only because we couldn't find the car, so we got stuck for about 45 minutes, plus there was a car accident.

  22. #22
    old school gmoneyak's Avatar
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    Default Re: Hope GV didnt lose money on this

    Quote Originally Posted by JebusLives View Post
    Lot 5. I think it was exhibitors last year... went around the back way down washington to 52nd. Its a bit of a walk (kinda in behind the sahara, gotta go all the way around) but it was quick in and quick out, with no car lineups at all.

    I did this all three days this year, quick out down 52nd to Van Buren for me. That walk is a bitch, though. I'm glad I stashed a cooler full of beer in my car.


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  23. #23

    Default Re: Hope GV didnt lose money on this

    considering they've been putting on coachella for 9 years going, I think they have it down by now.

    Goldenvoice isn't going out of business anytime soon.

    hopefully they have enough in their coffers for *cough*Bowie*cough* next year though.

  24. #24
    Member tiffdud41's Avatar
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    Default Re: Hope GV didnt lose money on this

    coffers cough cough...that should be a song

    Parking was super easy in and out for me this year. Parked lot 5 2x and 3 once. I didn't try to leave early like the yokels trying to avoid traffic, either. Seems like you end up waiting longer when you're in a hurry.
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  25. #25
    Coachella Junkie Boourns's Avatar
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    Default Re: Hope GV didnt lose money on this

    any word on this years attendance?
    7/2 Batwings Catwings @ Los Globos, 7/11 Nick Cave, Warpaint @ the Shrine, 7/18-20 Pemberton, 7/27 Babymetal @ Fonda, 8/1 Arcade Fire, the Unicorns, Dan Deacon at the Forum, 8/2 Burger a-Go-Go, 8/9 Warpaint @ Observatory, 8/10 Warpaint @ The Ace, 8/23-24 FYF Fest, 9/19 Chvrches @ Palladium, 9/30 Cibo Matto @ the Roxy, 10/16 Massive Attack @ Greek Theater

  26. #26

    Default Re: Hope GV didnt lose money on this

    agreed that the lower attendance made a HUGE difference in the quality of the festival. i mean GIGANTIC! Nothing worse than giant crowds everywhere you go. This year was my favorite since '04, partly because of the extra space, and partly because of the overall vibe. While I love bands like rage and tool, I think having bands like portishead, prince, roger waters, etc makes for a much better festival vibe for everybody.
    Let's go on a livin' spree!

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