Hullabalou Festival Was a Big Money Loser

I think 2010 will go down in the books as the worst year for music festivals!  The latest money loser…. the three-day music festival last month at Churchill Downs called Hullabalou.

It featured Kenny Chesney, Dave Matthews, Dierks Bentley, Bon Jovi and dozens of other bands. But, the parent company of the race track says the Hullabalou Music Festival lost more than $5 million. That’s about twice as much as it expected to lose. The Courier-Journal newspaper says Churchill Downs blames hot weather and low sales for concerts all over. The music festival drew more than 78,000 fans from 47 states.  Even though the festival was a big loss Louisville track had said it was going to do it again next summer.

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