Starting a music festival

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>Hire Shit tons of staff
>Spend a shit ton on promotion
>beg for artists to come
>beg the city and spend shit tons to borrow land for the festival
>End up spending more than you raise

Whats the point OP? You lose either way unless you magically have all this money to throw away.

>>1435064
Im not really talking about something massive. Maybe just renting out a venue and letting some SoundCloud artists play. Something where some unnamed artists can get known and I would make some sort of profit

>>1435036

What typically happens around where i live is the owner tells artists to sell ticks. They charge them a flat rate fee for the venue and comission and the artists keeps the rest. The venue has a bar built in so the owners just make $$ off foods and drink

>>1435102
I see...I'm trying to start a crowdfund campaign for a local concert. At least $5 contributions for tickets. Think it'll work?