Just Asking: So, Um, Who’s Going To Headline Coachella In 2013?

My initial answer: It’s not good. And further thinking about this looming crunch has made me wonder if the current festival bubble we’re seeing now isn’t dissimilar to the housing bubble that’s been deflating over the past 18 months or so–festivals are in the “unsustainable growth on the backs of depleting resources” part of the cycle, with the big reunions and big names that draw in people now being sort of analagous to “exotic” mortgages in that there’s a payoff now (Prince appearance that results in Saturday night being a sellout/smaller mortgage payment that allows you to spend money on frivolous items like Coachella tickets) that will turn into a liability later unless people get creative (reunion shows coming around for the second time and losing their “special” luster/whopping increase in mortgage payment). In the case of avoiding the high mortgage payment, “getting creative” meant flipping the house before the market went tits-up, but how are organizers of festivals this year going to do the same? Forcing Prince and Roger Waters to engage in a dance-off to figure out, once and for all, whose house each festival site actually is? Getting Jay-Z and Stephen Malkmus to do a half-assed version of “The Slack Album” live? Or maybe, in an effort to maximize crossover potential, having T-Pain on hand for run-ins during every single set of the entire weekend? (At the very least, imagining what My Morning Jacket will sound like with Teddy Pinned-Her-Ass-Down glommed onto their sound has made me giggle for the past five solid minutes.)
The best show of the year? [Hitsville] [Photo: AP]