The C-J reports that the HullabaLOU music festival, which was organized by Churchill Downs Entertainment and held at Churchill Downs, lost $5 million. According to the article “hot weather and declines in concert ticket sales nationally” are being blamed for the loss.
However, CD saw increased revenue during Kentucky Derby week.
3 comments
August 4, 2010 at 10:13 pm
Jason V.
Well, the lineup sure didn’t help either.
August 6, 2010 at 11:20 am
Derek
I’m curious if most new music festivals (if not all) loose money in the first year or two.
Plus, as Jason points out, the lineup wasn’t astounding, and there is also the little issue of that Forecastle thing..
August 6, 2010 at 11:26 am
gabebullard
Here is Rick Howlett’s piece on it: http://www.wfpl.org/2010/08/05/evans-first-hullabalou-an-expensive-education/
They expected to lose money getting it off the ground, but they didn’t expect to lose that much.