Mayor: 'Made in America' made $10 million for Philadelphia

Jay-Z performs at the "Made In America" music festival on Saturday, Sept. 1, 2012, in Philadelphia, PA. (Photo by Charles Sykes/Invision/AP)

September 19, 2012 4:05:35 PM PDT
Mayor Michael Nutter Wednesday declared the Budweiser Made in America Festival a huge economic success for Philadelphia.

A preliminary study estimated that the Labor Day weekend music fest generated $10 million for the city.

Nutter also announced that the event did not cost taxpayers a dime.

That's because festival promoters, including rap star Jay-Z, paid more than $500,000 to cover all municipal costs.

The music festival featured more than two dozen acts performing across three stages, including Pearl Jam, Run DMC, Odd Future, and Dirty Projectors.

Load Comments