July 13, 2024 #1 Local News, Information and Event Source for the Century City/Westwood areas.

Two-day Grand Park “Made in America” festival generates almost 15 million dollars

Mayor Eric Garcetti dubbed the "Made in America" music festival as a success. (Courtsey Image)
Mayor Eric Garcetti dubbed the “Made in America” music festival as a success. (Courtsey Image)

A two-day music festival at Grand Park held over Labor Day weekend generated a total of $14.7 million in economic activity for the city of Los Angeles, officials announced today.

People who attended the Made in America event spent about $7.8 million at bars and restaurants, and on buying food, beverages and merchandise at the festival, while another $6.9 million was spent to produce the event, according to an economic analysis commissioned by the city.

Economic and Planning Systems, which performed the analysis, also found that the city came out ahead in costs. City services used during the event were calculated at $760,698, with the city expecting to receive $292,000 in tax revenue, plus $500,000 from promoter Live Nation.

The Jay-Z and Live Nation-promoted concert, which included acts such as Kanye West and Imagine Dragons, was attended by at least 30,000 people each day. The two-day tickets were valued at around $185.

Mayor Eric Garcetti, who advocated for the festival to be held at the downtown park, dubbed it a success.

“We achieved our goals to boost our local economy, provide attractions for our residents and visitors to enjoy and show that city government can cut red tape to host world-class events in Los Angeles,” he said.

Council President Herb Wesson, noting the event’s effects on the economy and city coffers, said “let’s do it again.”

The report also suggested more revenue could be gained from future events by bringing in more  participants from out of town, getting visitors to stay longer and giving them more opportunities to spend money, doing more marketing for local businesses, and charging fees to promoters that reflect the actual costs to the city.

Related Posts

Summer at Annenberg:Swim Daily and Watch the Sunset

July 12, 2024

July 12, 2024

By Susan Payne A unique, inclusive community destination along the Pacific Coast Highway of Santa Monica is inviting you to...

(Video) Two Different Angles of a Firecracker Being Tossed Into a Garage in Brentwood

July 12, 2024

July 12, 2024

A series of incidents where teens threw firecrackers have been happening in Brentwood since April. In this case, the firework...

Ben Affleck and Jennifer Garner’s Daughter Advocates for Long Covid Awareness and Safety Measures

July 11, 2024

July 11, 2024

Brentwood Resident Speaks Out Opposing Mask Bans, Calling for Covid Protections in County Facilities Violet Affleck, daughter of actors Ben...

Jennifer Lopez and Ben Affleck Have Formally Listed Their $68 Million Beverly Hills Mansion For Sale

July 11, 2024

July 11, 2024

Amid Rumors, the Actors Have Placed Their Family Home on the Market Jennifer Lopez and Ben Affleck have officially put...

Kroger and Albertsons Reveal List of Stores to be Divested in $25 Billion Merger

July 11, 2024

July 11, 2024

Eleven Stores in West Los Angeles Among Locations to be Sold  The Kroger Company and Albertsons Companies Inc. have announced...

(Video) Renowned Soprano Singer to Make L.A. Homecoming at Broad Stage

July 11, 2024

July 11, 2024

Golda is scheduled to perform on July 13 at 8 p.m. @centurycitywestwoodnews This Saprano singer is set to take the...

UCLA Student Housing Break-In Leads to Sexual Assault Charges

July 11, 2024

July 11, 2024

Suspect Faces Up to 25 Years to Life in Prison if Convicted Los Angeles County District Attorney George Gascón announced...

Dine LA Restaurant Week Returns to Celebrate Culinary Diversity With Amazing Deals

July 10, 2024

July 10, 2024

Special Menus at Hundreds of Local Restaurants from July 12 to July 26 Dine LA Restaurant Week will be returning...

Reward Offered for Information on Abused German Shepherd Found Near Malibu Creek Canyon

July 10, 2024

July 10, 2024

Groups Seek Justice for Argon, Dog Discovered with Zip-Tied Mouth and Neck In Defense of Animals and Peace 4 Animals...

Viral Tweet Spurs Screening of Michael Mann’s Miami Vice at the Lumiere Cinema in Beverly Hills

July 10, 2024

July 10, 2024

Independent Theater to Showcase 2006 Film on July 13 Following Online Debate By Dolores Quintana Following an unexpected turn of...

LAPD Detectives and LASD Nab Group Responsible for Over 30 Residential Burglaries

July 10, 2024

July 10, 2024

“Reflector Vest Crew” Burglary Suspects Arrested in Los Angeles In collaboration with the Los Angeles County Sheriff’s Department Major Crimes...

Santa Monica Artist Dave Quick’s “Return from the Burn” Exhibition to Open at Bergamot’s Lois Lambert Gallery

July 10, 2024

July 10, 2024

Pre-Burning Man Showcase Features Kinetic Art and Sculptures Coated with Playa Dust, Opens July 13 With upwards of 80,000 attendees,...

(Video) Newly Rebranded Santa Monica Hotel Shines a New Light on the Neighborhood

July 9, 2024

July 9, 2024

The Revitalized Business is Also Available For Events @centurycitywestwoodnews The newly rebranded Santa Monica Hotel casts a new light on...

Award-Winning Soprano Makes Broad Stage Debut

July 9, 2024

July 9, 2024

Golda Zahra to Perform in LA July 13 By Susan Payne Renowned Soprano Golda Zahra is making her homecoming back...

Electric Lodge Hosts Summer Empowerment Fair

July 9, 2024

July 9, 2024

Performing Arts Center Partners with LADWP By Susan Payne Performance. Sustainability. Community. These are three virtues leading the charge for...