The taxpayers of Los Angeles will have to pick up the leftover $170,000 tab from Jay Z’s Made in America music festival, according to Billboard.
Citing an article from the Los Angeles Times, the website says that LiveNation will pay half a million of the total $670,000 cost for the two day festival.
This was Los Angeles’ first time hosting Made in America and the first time the festival expanded from Philadelphia.
When announced, there was criticism that the city wouldn’t be able to handle such a large event, but city representatives think those fears have been dispelled. Mayor Eric Garcetti insists that the festival was worth the cost. He used a report from Philadelphia that says the city made $10 million from the festival. Carol Schatz, head of the Central City Association, said that the value of the festival goes beyond dollars and cents.
“It’s about the perception that it generates,” she says. “That L.A. is really the place to do this and the place to do this in L.A. is downtown.”
Kanye West and Iggy Azalea headlined the festival and there were performances from Compton rapper YG and the entire Top Dawg Entertainment roster.
yeah but HHDX should report that LA made millions from this event
Exactly!
dont worry Beyonce got dis, she made 3 times what her man did last year
House Negro strikes again. Enrich black people much? Nope.
Shawn Carter Foundation does what again?
Don’t even got water down you know severe drought in Cali and in debt too!
fagoot jay
wow you guys are losers shout out to Jay-Z
Hi haters 🙂
thats dope!