Dan Runcie: The business behind Coachella
"Unlike other trends and even other festivals, Coachella developed a brand that can sell itself. This festival could sell out tickets before announcing a lineup if it wanted to. Fans want the vibes. The influencers, fashion, and activations will be there regardless of who performs on stage. In the early 2010s, the festival became a who’s who for celebrity attendance. Attending was a flex, like sitting courtside at a Lakers game" - Trapital's Dan Runcie looks into Coachella in his latest podcast. He is joined by Tati Cirisano from MIDiA Research. They also talk about untapped opportunities for Coachella, how the rise of concert ticket prices impacts it, and how festival lineups are becoming homogenous.