Posts tagged profitability
International Sports Events: A Risky Bet

Importantly, the sports festival brought economic gains equivalent to 1.1% of the Russian economy and employed thousands of people. However, in the past couple of decades, the hosts of the world’s greatest international sport events have incurred significant economic losses.

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The Power of Music: Amplified Messages

Though today’s music festivals are not as politically-charged as their predecessors, they have the ability to democratize access to the music industry—and thus to a life-changing platform for social change—like never before.

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