Billboard - USA (2019-10-19)

(Antfer) #1

30 BILLBOARD • OCTOBER 19, 2019


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N THE SUMMER OF 2018,


Travis Scott reached out to Lil


Wayne to ask a favor. Scott was


in the process of booking the


lineup for his inaugural Astroworld


festival, and wanted to stack the


Houston event with handpicked hip-hop


acts. Lil Wayne agreed to perform, topping


the bill alongside Post Malone and Scott


himself. This September, Scott returned


the favor by headlining Lil Wayne’s Lil


WeezyAna Fest in New Orleans.


“That kind of artist-centric support is


so pivotal in growing what an artist-cu-


rated festival is about, because that Travis


Scott audience is the kind of audience


that is going to love and appreciate Lil


Wayne as well,” says Live Nation Urban


vp business development and operations


Brandon Pankey.


In an oversaturated market where there


are too many festivals booking too many


of the same headliners, it’s increasingly


common for newer ones to crash after just


a few years. In the past three years alone,


festivals like Panorama, Meadows and


Lost Lake have all halted production. But


the specificity that artist-curated lineups


offer — paired with an already built-in


fan base — is what might just keep them


afloat. “There isn’t the typical window you


normally see of building a new brand and


identity for a festival from scratch,” says


Colin Lewis, Live Nation vp touring for U.S.


concerts. “You’re starting with a strong


brand — and tons of fans.”


It’s a model that proves to be working


for most artists, specifically Scott and Post


Malone, two hip-hop heavyweights with


recent No. 1 albums and multiple hit singles


during the past year. Both are gearing up


for the second round of their respective


festivals: Scott’s Astroworld will return


to the former AstroWorld theme park at


NRG Park in Houston on Nov. 9 — just a


week after Post Malone’s second Posty


Fest takes place four hours north. This year,


Post Malone upgraded from a 20,000-ca-


pacity venue to the 100,000-capacity


AT&T Stadium in Arlington (home of the


Dallas Cowboys). “Posty Co. has worked


extremely hard to put together this festival


for Dallas,” says Post Malone. “We have so


many surprises for the fans, because y’all


know everything is bigger in Texas.”


Pankey says the most successful artist-


curated festivals are held in the artists’


hometowns — Scott is from Houston


and Post Malone was raised in the Dallas


suburbs. It’s also one of the key differ-


ences from artist-curated festivals of the


past, like Lollapalooza, which started as a


farewell tour for Perry Farrell’s Jane’s Ad-


diction before planting roots in Chicago.


“Each [new artist-curated] festival has its


own identity, because it taps into the blue-


print or the DNA of the particular city it is


in,” says Pankey. “That’s why Lil WeezyAna


Fest is nothing like Posty Fest, which is


nothing like Astroworld.”


While Scott hasn’t announced his


lineup yet, Post Malone’s includes Meek


Mill, Pharrell Williams and Jaden Smith.


Lewis says that Post Malone and his team


“handpick a lineup of artists who embody


the Posty vibe” and that “Post is very in-


volved in securing artists — he has a ton


of relationships that he calls on during the


booking phase of the festival. Some are


friends, some become friends, and all of


them are buzzy artists that his fans want


to see.” Such a strategy paid off last year,


when the inaugural Posty Fest sold out,


grossing over $1.7 million in a single day.


Of course, that payday is far from


promised. As Pankey says, typically when


artists are booked to perform at a festival


they receive a guarantee: “No matter how


successful that festival may be, an artist


is assured to receive a flat rate for their


performance.” An artist-curated festival is


much more of a financial question mark,


he says: “It’s the old adage of ‘high risk,


high reward.’ If the festival does well,


there’s an opportunity for the artist to


share in the net revenues, including ticket


sales and sponsorship.”


Both Scott and Post Malone attract


higher-profile sponsors; Astroworld has


partners in Bacardi and Smirnoff, and Posty


Fest in Bud Light. Post Malone teamed with


the company last year, collaborating on


merchandise and, more recently, custom


Bud Light cans. Anheuser-Busch InBev


regional media manager Mark Riker says


that partnerships with curated festivals are


more valuable than standard paid media


because “superfans are more likely to post


and share custom content with their friends


and followers,” creating word-of-mouth


marketing that strengthens the return on


investment for brands.


Pankey adds, “Brands are coming to


understand that Coachella will get them in


front of 100,000 people,” but an artist-


curated festival, especially one held in the


artist’s hometown, “is going to get them in


front of a very [specific] demographic that


they want to be part of.


“There is a bubble with the super-


large Coachellas and Bonnaroos and


Lollapaloozas of the world, which


creates an opportunity for artists to


be creative — and stake a claim,” says


Pankey. And despite the uncertain


future of the festival market as a whole,


he believes that “there’s a tremendous


opportunity for the artist to succeed in


the festival arena.” Why? Because, says


Pankey, “the artists will always be at the


epicenter of our industry.”


“There is a bubble with the


Coachellas, Bonnaroos and


Lollapaloozas of the world, which


creates an opportunity for artists.”


—BRANDON PANKEY, LIVE NATION URBAN


Post Malone at the


inaugural Posty


Fest in Dallas.


The entrance to


Astroworld 2018.

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