Coachella Is Already Dominating 2015 And Seeing Huge Ticket Prices
More than 15 years after its debut in 1999, Coachella has become one of the nation's biggest and highest-grossing music festivals.
In 2014, the three-day affair raked in more than $78 million and hosted nearly 200 artists, with headlining performances by Outkast, Muse and Arcade Fire.
Hype continues to build around this year's festival after its lineup was announced earlier this week, and three-day GA passes have already sold out after going on pre-sale last May.
For those still endlessly perusing the deep confines of the web for three-day Coachella tickets, they'll have to cough up more than double the initial cost on the secondary ticket market.
Though still more than three months away from its April 10 commencement, the average price for three-day Coachella tickets on TiqIQ is $846.59 for the festival's first weekend, and $686.62 for its second and final weekend, marking a respective price jump of 125.7 percent and 83 percent over the $375 cost on the primary market before tickets sold out.
Not all hope is lost for the budgeting concertgoer, however. The cheapest three-day pass still available to Coachella over its first weekend is listed at just $91 on the secondary market, which is 75.7 percent cheaper than the initial $375 ticket.
If you're planning to go to the festival's second weekend, it'll be a little tougher to come by a ticket bargain. The get-in price for a three-day pass to weekend two of Coachella is $421.
Such monster numbers are largely due to the festival's expansion to a two-weekend event in 2012. Prior to 2012's Coachella, the one-weekend format was so successful that two weekends only seemed fitting moving forward.
Now entering its fourth year as a two-weekend ordeal, Coachella has alleviated pressure from its cramped atmosphere, allowing as many fans as possible to experience the unique culture the festival emits.
Like every year, the 2015 Coachella festival will feature some of music's biggest acts alongside a string of up-and-coming talent looking to make a lasting impression on the near 600,000 people that flock to the Southern California hot spot.
This year's events will be headlined by AC/DC on Friday, Jack White on Saturday and Drake on Sunday. Other performers include Tame Impala, Interpol, The Weeknd, alt-J, Florence and the Machine and EDM juggernaut David Guetta.
Though ticket prices are high on the secondary market, Coachella is considered one of the most sought-after festivals in North America, largely due to the scope of artists and genres of music it brings together.
Whether AC/DC performs its dozens of hits that span more than four decades or David Guetta feeds a rabid electronic dance crowd, the festival will continue to highlight some of the world's premier acts in its 16th year this April.
A slew of celebrities are often among the half-million in attendance at Empire Polo Field. Last year, singer and Justin Bieber's on-again, off-again flame Selena Gomez danced alongside Kendall and Kylie Jenner, as well as Vanessa Hudgens and Victoria Justice.
Super Bowl halftime performer Katy Perry also took in the boho atmosphere.
Alongside headliners Outkast, Muse and Arcade Fire, last year's festival was also highlighted by Lorde, Ellie Goulding, Bastille, Calvin Harris, Zedd, Beck and dozens more. Beyoncé, Jay Z and Drake also made guest appearances over select performances.
With celebrities in tow both onstage and in the crowd, Coachella 2015 will likely eclipse the massive financial success it had last year.
From legendary bands like AC/DC to acts like Queens native Action Bronson, this year's festival has already proven to be one of the most expensive festivals on the secondary market this season.
Expect plenty of unforgettable performances and cameos from some of music's biggest stars under the warm SoCal sun in April. Who knows, maybe three weekends wouldn't be such a bad idea in the future.