New Reports Show Electric Zoo 2023 Could Cost Organizers More Than What They Paid To Buy The Festival

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As the old journalism saying goes, to get the complete picture, you simply have to “follow the money.” Now, the same rule appears to apply to the ongoing Electric Zoo debacle.

As ticket holders still await refunds, new reports have exposed Electric Zoo’s dire financial straits, perhaps shedding new light on festival operations that many fans have called a “money grab.”

In a new report from Billboard, insiders at SFX Entertainment, Electric Zoo’s previous owners, said that EZoo 2023 could cost organizers up to $25 million, including refunds for fans and performance fees for…