Why are music festivals so expensive?

Today there are festivals in more parts of the world than ever before--and ticket prices are higher than ever before. Why are festivals so expensive? Read more about how big stars maximise their take from tours here: https://econ.st/30ktI6U Click here to subscribe to The Economist on YouTube: https://econ.st/2xvTKdy For more from Economist Films visit: http://films.economist.com/ Check out The Economist’s full video catalogue: http://econ.st/20IehQk Like The Economist on Facebook: https://www.facebook.com/TheEconomist/ Follow The Economist on Twitter: https://twitter.com/theeconomist Follow us on Instagram: https://www.instagram.com/theeconomist/ Follow us on Medium: https://medium.com/@the_economist