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Coachella to stay in Indio until at least 2030

By | Published on Friday 5 April 2013

Coachella

AEG Live subsidiary Goldenvoice has announced that its Coachella and Stagecoach festivals will stay in the Californian city of Indio until at least 2030, by which point Apple or Google will probably be selling a ‘festival experience pod’ meaning we’ll never have to trek into a field to get the fest-buzz ever again.

Goldenvoice last year threatened to relocate their two big festivals after an Indio lawmaker proposed a new tax on large scale events which, the live firm said, would have added $36 to every ticket. Said lawmaker quickly backed down, though talks between Goldenvoice bosses and the city authorities in Indio have continued.

According to Billboard, under the new deal Goldenvoice will double the amount of ticket money it shares with the city, from $2.33 to $5.01, beginning next year. The promoter will also be able to increase the capacities of its two current events, and now has the option to stage two new festivals in the city in the autumn.



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