Have Summer Music Fests Passed The Saturation Point?

“In a slumping music business,” summer festivals “pack a box office punch: the top five American festivals generated a combined $60 million in ticket sales last year, according to Billboard magazine’s estimates. At least four new festivals will make their debuts this summer, raising the total to more than a dozen. Various concert promoters are already warning of the dangers of oversaturation, and point to the clutch of stars headlining multiple festivals.”