Beyonce‘s departure from this year’s Coachella Valley Music and Arts Festival has spelled trouble with a capital T for its organisers.
Why now would be a good time to buy tickets if you haven’t already?
TGJ has the scoop below…
The artist, who is pregnant with twins, was forced to postpone her set at the festival until next year after being advised to do so by her medical team.
Alas, this has seen demand for the festival’s tickets slip and slide as interest in it dwindles.
‘The Hollywood Reporter’ explains…
The news caused an immediate dip in the price of Coachella tickets on the secondary market, according to TicketIQ, an event ticket search engine and aggregator that tracks ticket sales on the secondary and primary market.
Prices for Weekend 1 dropped 12 percent from an average price of $978 to $872 after the news hit that the Lemonade singer was bowing out of this year’s event. Tickets for the Weekend 2 dropped nearly 3 percent from an average price of $856 to $834.
Fans hoping to catch her live at the world’s most-profitable festival now have a year to prepare for it.
As for the organisers? They are now said to be scrambling to find an act to replace the ‘Love Drought’ creative.
Expect a name before March’s end.