The Downtown Dayton Revival, which debuted last year in Ohio, is pulling the plug on this year’s edition. According to the organizer, Matt Luongo, the festival just ran into too much debt. Here’s what he had to say in the Dayton Daily News:
“Starting a festival is like starting a business. It’s a challenge to turn a profit in the first year. Most big music festivals will tell you it takes three to four years to build momentum…Our investors knew it was a risk and decided to back us anyway. We couldn’t ask any more of them. If there’s anyone who needs to shoulder the blame, I will do that.”
Some of the 30+ artists at the inaugural fest included Train, Guided By Voices, Guster, Rusted Root, and Train.