A little show about big ideas. From the people who make Planet Money, The Indicator helps you make sense of what's happening today. It's a quick hit of insight into work, business, the economy, and everything else. Listen weekday afternoons.Try Planet Money+! a new way to support the show you love, get a sponsor-free feed of the podcast, *and* get access to bonus content. You'll also get access to The Indicator and Planet Money Summer School, both without interruptions. sign up at plus.npr.org/planetmoney

A little show about big ideas. From the people who make Planet Money, The Indicator helps you make sense of what's happening today. It's a quick hit of insight into work, business, the economy, and everything else. Listen weekday afternoons. Try Planet Money+! a new way to support the show you love, get a sponsor-free feed of the podcast, *and* get access to bonus content. You'll also get access to The Indicator and Planet Money Summer School, both without interruptions. sign up at plus.npr.org/planetmoney

The Indicator from Planet Money

Is 2024 the year the music festival died? Festivals are getting canceled left and right, from Northern California to Florida to Virginia. 
Big name festivals that used to sell out in minutes struggled to sell tickets this year, too, like Burning Man and Coachella. 
And it's not just America. By one count, over 60 music festivals were canceled in the UK this year alone. In Australia, so many festivals were canceled that one newspaper there recently asked, are the nation's music festivals extinct?
Today on the show, the music festival recession. What's behind it and is it temporary or a permanent cultural shift?
Related Episodes: 
Live Music Industry Blues
The Economics of Music Festivals
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The year the music festival died