Page 1 of 2 12 LastLast
Results 1 to 30 of 41

Thread: The economy and Coachella

  1. #1
    old school MarkO's Avatar
    Join Date
    Jan 2007
    Location
    I can hear them calling way from Oregon
    Posts
    4,604

    Default The economy and Coachella

    What impact do you think the failing economy will have on next years Coachella or to be specific, peoples financial ability to go ?

    Simple Q
    Quote Originally Posted by Cpt. Funkaho View Post
    Man, the Beatles were overrated like gravity is overrated. ......... Say what you want, but statements like "the Beatles were overrated" make me much less likely to listen to anything you say afterward.

  2. #2
    Member fiyahhh!'s Avatar
    Join Date
    Sep 2007
    Location
    Palo Alto, CA
    Posts
    1,796

    Default Re: The economy and Coachella

    Depending on the headliners, there may be a lot of single-kidney festival goers.

    Perhaps merch and food vendors may see a bit of a dip in sales.

  3. #3
    Member karecares's Avatar
    Join Date
    Apr 2007
    Location
    LA Bound
    Posts
    1,307

    Default Re: The economy and Coachella

    i've been saving all my change since 08 for 09,
    maybe less international people and those who have to travel in general.
    guessing that single day tickets than 3 day passes will have better sales otherwise i don't think it will have a major impact
    ~~~COACHELLA 2007- 2011~~~

    Originally Posted by humanoid
    Coachella is much better enjoyed with a sense of absolute freedom...

  4. #4
    Coachella Junkie frozen pilgrim's Avatar
    Join Date
    Jan 2007
    Location
    Kensington market, Toronto.
    Posts
    6,370

    Default Re: The economy and Coachella

    it all depends how GV responds to the crash-
    raising prices and keeping attendance the same, or cutting prices a bit and expanding capacity. they've really got to do one or the other to stay viable, I expect

  5. #5
    Judgy McMarco TeamCoachellaHellYeah's Avatar
    Join Date
    Jan 2007
    Location
    Palm Springs
    Posts
    24,309

    Default Re: The economy and Coachella

    heads up guys...economy picks up in the spring.
    Quote Originally Posted by TomAz View Post
    Reviewers who note the size of the crowd are dumb fucks.
    COACHELLA's: 2001. 2002. 2003. 2004. 2005. 2006. 2007. 2008. 2009. 2010. 2011. 2012. 2013. 2014. 2015.

  6. #6
    Judgy McMarco TeamCoachellaHellYeah's Avatar
    Join Date
    Jan 2007
    Location
    Palm Springs
    Posts
    24,309

    Default Re: The economy and Coachella

    next year WILL be all about the headliners since they will need the star power to sell it. Also, I expect more marketing outside of California, Arizona and Nevada. Remember a recession doesn't mean the entire country is going through it at the same time.
    Quote Originally Posted by TomAz View Post
    Reviewers who note the size of the crowd are dumb fucks.
    COACHELLA's: 2001. 2002. 2003. 2004. 2005. 2006. 2007. 2008. 2009. 2010. 2011. 2012. 2013. 2014. 2015.

  7. #7
    Old Gay Guy gaypalmsprings's Avatar
    Join Date
    Jan 2007
    Location
    Palm Springs, CA
    Posts
    20,732

    Default Re: The economy and Coachella

    There will be more breathing space, less expensive acts, & higher costs for everything.


  8. #8
    Judgy McMarco TeamCoachellaHellYeah's Avatar
    Join Date
    Jan 2007
    Location
    Palm Springs
    Posts
    24,309

    Default Re: The economy and Coachella

    Quote Originally Posted by frozen pilgrim View Post
    it all depends how GV responds to the crash-
    raising prices and keeping attendance the same, or cutting prices a bit and expanding capacity. they've really got to do one or the other to stay viable, I expect

    Quote Originally Posted by gaypalmsprings View Post
    There will be more breathing space, less expensive acts, & higher costs for everything.
    maybe a mix of both?
    Quote Originally Posted by TomAz View Post
    Reviewers who note the size of the crowd are dumb fucks.
    COACHELLA's: 2001. 2002. 2003. 2004. 2005. 2006. 2007. 2008. 2009. 2010. 2011. 2012. 2013. 2014. 2015.

  9. #9
    Coachella Junkie Pixiessp's Avatar
    Join Date
    Jan 2007
    Posts
    7,263

    Default Re: The economy and Coachella

    I will be at Coachella no matter what. it's my trip to Barcelona that i am wondering about. that one may have to wait.
    Quote Originally Posted by insbordnat View Post
    If you're in a relationship that causes Ancestry.com to crash, it's probably inappropriate.

  10. #10
    MENACING Courtney's Avatar
    Join Date
    Jan 2007
    Posts
    15,889

    Default Re: The economy and Coachella

    During recessions, customer spending on goods with high income elasticity of demand (such as luxury goods) tends to significantly decrease. I'd say Coachella tickets count as luxury goods. It is near impossible that the economy will fully recover by this spring, so this is a real issue for Goldenvoice to think about.

    As I see it, there are four possible outcomes:

    (1) Goldenvoice keeps the product (festival) constant, with similar ticket prices and range of musical acts and amenities. In this scenario, festival attendance will decrease. Goldenvoice's profits will also decrease assuming that input costs remain constant.

    (2) Goldenvoice keeps the same range of musical acts and amenities, but changes ticket prices.

    (3) Goldenvoice keeps the same ticket prices, but changes range of musical acts and amenities.

    (4) Goldenvoice changes both the ticket prices and the range of musical acts and amenities.

    If Coachella has been operating from a place of market inefficiency for the past few years, there is actually possiblity that Goldenvoice could increase their revenue this year with any of the three last strategies. So I suspect they will be making some changes.

    Although it's probably not what us poor festival-goers want to hear from a democratic standpoint, IMO Goldenvoice's best chance of making bank probably involves increasing their two-tiered price strategy by making VIP tickets at a higher price readily available for customers who are willing to spend more. The only downside with a expanded two-tier pricing strategy would be the possible loss of street cred among the lower-level attendees.

  11. #11
    Member Stackamynutz's Avatar
    Join Date
    Oct 2008
    Location
    A small enclosed room with no windows. And I like it.
    Posts
    160

    Default Re: The economy and Coachella

    Stacka 3:16 - As for me and my house, we will attend Coachella. All our friends that we go with every year are going as well. The economy drop hasn't really effected our income or spending yet (we're pretty lower-level income citizens) and we all plan for it every year, so we're pretty much good to go. I hope it doesn't cause a drop in acts or too big of a change in the way of the quality of acts there. I think there are enough die-hard fans that will go no matter what that GV won't take too much of a hit.
    I would be cool if they offered VIP passes at a higher price - I would definitely look into getting them if that were the case. I would have bought them any of the previous years I've gone if they had offered them.
    Nothing to see here, folks - just move along

  12. #12
    Coachella Junkie sonofhal's Avatar
    Join Date
    Jan 2007
    Location
    London, UK
    Posts
    8,974

    Default Re: The economy and Coachella

    The shitty exchange rate may mean that any US trips will be off the cards for me. Either that, or i'm going to have to do it on the ultra-cheap.
    Quote Originally Posted by JustSteve View Post
    well, for all intensive porpoises it is, will sell out within seconds tomorrow.
    Quote Originally Posted by korbinn View Post
    It's jsut dawned on me that I'm overly confident and a extremely ocd perfectionist.
    Quote Originally Posted by kroqken View Post
    I don't give a flying fuck about the Kardashians, I doubt they know who Belle and Sebastian are.

  13. #13
    Judgy McMarco TeamCoachellaHellYeah's Avatar
    Join Date
    Jan 2007
    Location
    Palm Springs
    Posts
    24,309

    Default Re: The economy and Coachella

    wow..I don't think I have ever seen the pound this low.

    1 GBP = 1.59129 USD
    Quote Originally Posted by TomAz View Post
    Reviewers who note the size of the crowd are dumb fucks.
    COACHELLA's: 2001. 2002. 2003. 2004. 2005. 2006. 2007. 2008. 2009. 2010. 2011. 2012. 2013. 2014. 2015.

  14. #14
    Coachella Junkie paulb's Avatar
    Join Date
    Jan 2007
    Location
    North Woods, WI
    Posts
    18,840

    Default Re: The economy and Coachella

    damn...... good for americans...i should buy those Prodigy tshirts now online which are 20 pounds and the hoodie is 35 pounds.
    Upcoming Shows:
    Coachella: 4/10-12 @ Empire Polo Fields

  15. #15
    Judgy McMarco TeamCoachellaHellYeah's Avatar
    Join Date
    Jan 2007
    Location
    Palm Springs
    Posts
    24,309

    Default Re: The economy and Coachella

    haha..I was thinking the same with The Radiohead and Portishead shops!
    Quote Originally Posted by TomAz View Post
    Reviewers who note the size of the crowd are dumb fucks.
    COACHELLA's: 2001. 2002. 2003. 2004. 2005. 2006. 2007. 2008. 2009. 2010. 2011. 2012. 2013. 2014. 2015.

  16. #16
    Coachella Junkie paulb's Avatar
    Join Date
    Jan 2007
    Location
    North Woods, WI
    Posts
    18,840

    Default Re: The economy and Coachella

    portishead has an online shop? link me....
    Upcoming Shows:
    Coachella: 4/10-12 @ Empire Polo Fields

  17. #17
    Judgy McMarco TeamCoachellaHellYeah's Avatar
    Join Date
    Jan 2007
    Location
    Palm Springs
    Posts
    24,309

    Default Re: The economy and Coachella

    gotta love those coffee mugs

    http://www.portishead.co.uk/shop.php
    Quote Originally Posted by TomAz View Post
    Reviewers who note the size of the crowd are dumb fucks.
    COACHELLA's: 2001. 2002. 2003. 2004. 2005. 2006. 2007. 2008. 2009. 2010. 2011. 2012. 2013. 2014. 2015.

  18. #18
    Coachella Junkie paulb's Avatar
    Join Date
    Jan 2007
    Location
    North Woods, WI
    Posts
    18,840

    Default Re: The economy and Coachella

    I want the coffee mugs from here too:

    http://www.recordstore.co.uk/theprod...1yZpN3IEb-1142
    Upcoming Shows:
    Coachella: 4/10-12 @ Empire Polo Fields

  19. #19
    Judgy McMarco TeamCoachellaHellYeah's Avatar
    Join Date
    Jan 2007
    Location
    Palm Springs
    Posts
    24,309

    Default Re: The economy and Coachella

    Canadian Dollars isn't too bad either

    1 GBP = 2.03304 CAD
    Quote Originally Posted by TomAz View Post
    Reviewers who note the size of the crowd are dumb fucks.
    COACHELLA's: 2001. 2002. 2003. 2004. 2005. 2006. 2007. 2008. 2009. 2010. 2011. 2012. 2013. 2014. 2015.

  20. #20
    Coachella Junkie paulb's Avatar
    Join Date
    Jan 2007
    Location
    North Woods, WI
    Posts
    18,840

    Default Re: The economy and Coachella

    wow, i actually like every single item on that Portishead store...
    Upcoming Shows:
    Coachella: 4/10-12 @ Empire Polo Fields

  21. #21
    Judgy McMarco TeamCoachellaHellYeah's Avatar
    Join Date
    Jan 2007
    Location
    Palm Springs
    Posts
    24,309

    Default Re: The economy and Coachella

    Quote Originally Posted by paulb View Post
    I want the coffee mugs from here too:

    http://www.recordstore.co.uk/theprod...1yZpN3IEb-1142
    Am I the only one that thinks its odd to see Prodigy coffee mugs?
    Quote Originally Posted by TomAz View Post
    Reviewers who note the size of the crowd are dumb fucks.
    COACHELLA's: 2001. 2002. 2003. 2004. 2005. 2006. 2007. 2008. 2009. 2010. 2011. 2012. 2013. 2014. 2015.

  22. #22
    Coachella Junkie paulb's Avatar
    Join Date
    Jan 2007
    Location
    North Woods, WI
    Posts
    18,840

    Default Re: The economy and Coachella

    Quote Originally Posted by TeamCoachellaHellYeah View Post
    Canadian Dollars isn't too bad either

    1 GBP = 2.03304 CAD
    that hoodie/tshirt combo for 45 pounds, would be 90 bucks, a lil expensive...but are their sizes UK sized? so.. a size L would really be a Medium? I had the problem from buying a Erol Alkan shirt from his online store and when i got the shirt, the thing was tiny and couldnt even fit it.
    Upcoming Shows:
    Coachella: 4/10-12 @ Empire Polo Fields

  23. #23
    Judgy McMarco TeamCoachellaHellYeah's Avatar
    Join Date
    Jan 2007
    Location
    Palm Springs
    Posts
    24,309

    Default Re: The economy and Coachella

    I didn't realize the UK used different sizes for Shirts then we do in North America.
    Quote Originally Posted by TomAz View Post
    Reviewers who note the size of the crowd are dumb fucks.
    COACHELLA's: 2001. 2002. 2003. 2004. 2005. 2006. 2007. 2008. 2009. 2010. 2011. 2012. 2013. 2014. 2015.

  24. #24
    Coachella Junkie paulb's Avatar
    Join Date
    Jan 2007
    Location
    North Woods, WI
    Posts
    18,840

    Default Re: The economy and Coachella

    ya.... im pretty sure... and Japan is even worse.... their XL is like our medium.
    Upcoming Shows:
    Coachella: 4/10-12 @ Empire Polo Fields

  25. #25
    Judgy McMarco TeamCoachellaHellYeah's Avatar
    Join Date
    Jan 2007
    Location
    Palm Springs
    Posts
    24,309

    Default Re: The economy and Coachella

    Bah! Japan! When my buddy from Saskatoon lived in Japan he had to special order all his clothes from Canada because he couldn't find a store that carried his size. So many bands shirts I wanted to buy when I was there but I didn't because I might as well just use them as a poster.
    Quote Originally Posted by TomAz View Post
    Reviewers who note the size of the crowd are dumb fucks.
    COACHELLA's: 2001. 2002. 2003. 2004. 2005. 2006. 2007. 2008. 2009. 2010. 2011. 2012. 2013. 2014. 2015.

  26. #26
    Coachella Junkie paulb's Avatar
    Join Date
    Jan 2007
    Location
    North Woods, WI
    Posts
    18,840

    Default Re: The economy and Coachella

    ill just wait for Coachella and get my Prodigy shirts there.
    Upcoming Shows:
    Coachella: 4/10-12 @ Empire Polo Fields

  27. #27

    Default Re: The economy and Coachella

    great thread...

    i think for example.. speaking from a International Coachella fan...
    it depends of the exchange rate at the moment...
    for mexico could be pretty critical.. and decrease the attendence of mexico fans..
    also depends on the headliners.. because i could sell my organs (jk).. if something like pink floyd comes out... but since it wont.. bur i know for sure that GV will not disappoint me i will get a kick ass line up.. i will start saving from now... but avoid a big impact on my personal economics...

  28. #28
    Judgy McMarco TeamCoachellaHellYeah's Avatar
    Join Date
    Jan 2007
    Location
    Palm Springs
    Posts
    24,309

    Default Re: The economy and Coachella

    What about Los Smiths guey? I hear the exchange rate with the peso was at its worst in a long time.

    1 USD = 13.4455 MXN
    Quote Originally Posted by TomAz View Post
    Reviewers who note the size of the crowd are dumb fucks.
    COACHELLA's: 2001. 2002. 2003. 2004. 2005. 2006. 2007. 2008. 2009. 2010. 2011. 2012. 2013. 2014. 2015.

  29. #29
    old school emtgreg's Avatar
    Join Date
    Sep 2007
    Posts
    5,513

    Default Re: The economy and Coachella

    Quote Originally Posted by Stackamynutz View Post
    I would be cool if they offered VIP passes at a higher price - I would definitely look into getting them if that were the case. I would have bought them any of the previous years I've gone if they had offered them.
    they are offered every year, you just have to know someone in the industry or own the expensive entertainment rewards american express card...

    i will bet the vip will be better publicized, but way more expensive than previous years...

    I will never not purchase vip again...full bar, air conditioned tents, jorja fox in short shorts...

    amazing

    ANYWAYS, back on topic...

    hotels on the other hand, will have a tough time, i bet camping sells out much earlier...

    especially if they comp some AC tents in the campground...

    as for lineup, I think its super important for them to get headliners that will sell tickets, and not just cater to our tastes...

    remember, the single most important thing for any business in times like these, is to maintain or even grow your customer counts, which means possibly cheaper tickets, or more value...

    the value piece would mean amazing headliners...

    Paul has a hell of a job this year...I would love to help...but I do not envy his position...
    "It began as a mistake" - Charles Bukowski

    Wanted:
    1. Nachos
    2. Puppies


  30. #30

    Default Re: The economy and Coachella

    This is another reason why Led Zeppelin would be at Coachella (even though I don't think it's going to happen nor want it to). It would be a guaranteed sell-out, even at an expanded capacity, even if ticket prices were raised. Other than that, I think amazing headliners are less important than many say. How many extra tickets did Jack Johnson sell for the festival, or how many people decided (for whatever reason) that 1/4th of Pink Floyd wasn't worth the trip. Great subheadliners or generally rare acts are just as important. Rarity will be a big deal in 09, even more so than 08 with Aphex, Portishead, Goldfrapp,etc..

Similar Threads

  1. The Economy Is Boring
    By Parenthetical Boy in forum Questions
    Replies: 17
    Last Post: 10-24-2008, 10:39 AM
  2. economy inn
    By Mona_Corona in forum Camping/Lodging
    Replies: 12
    Last Post: 02-27-2008, 06:19 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •