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Jay Z's "Made In America" Will Reportedly Cost Los Angeles Taxpayers $170,000
By: hiphopdx.comPosted On: 11/13/2014 12:40 P
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The Festival's first appearance in Los Angeles was still worth the price, according to the city's mayor.
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The Festival's first appearance in Los Angeles was still worth the price, according to the city's mayor.
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.
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