The music industry has faced more than a decade of financial woes but in one area business is soaring -- festivals. Music festivals have witnessed a boom in the past few years, with new events proliferating that cater to every taste and region in what has become a vital source of revenue and publicity for artists. Coachella, often considered the tastemaker of US music events, opens Friday in the southern California desert at the start of the busiest season yet for festivals. "I think music festivals are basically the future of the industry.
via Entertainment News Headlines — Yahoo! News
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