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First Weekend Coachella Tickets Down Over 50% From Last Year

This article initially appeared in Forbes.

Each spring, Southern California welcomes one of the world’s most eclectic music festivals when Coachella touches down at Empire Polo Field in Indio. Back for its 16th annual installment in 2015, the festival will once again boast a jam-packed bill that spans dozens of genres. Fans still searching for tickets are in luck, too, as 3-day pass prices for both weekends continue to fall on the secondary market.

With AC/DC, Jack White and Drake set to headline both festival weekends this year, the average price for first-weekend 3-day Coachella passes on TiqIQ is now $701.60, marking a price drop of 51.1% from last year’s first weekend average of $1,434.91. For those just looking to get past the gates, the cheapest available 3-day pass is listed for $300 on the secondary market. That’s 60.7% cheaper than in 2014, when get-in price was $765 and below this year’s listed face price.

Weekend two is historically cheaper than weekend one, and this year’s second weekend will offer better deals on secondary tickets. According to TiqIQ, the average secondary price for 3-day Coachella passes during 2015’s second weekend is $600.89, down 14.3% from the first weekend and 42.6% cheaper than last year’s average of $1,048.37. This year, the cheapest pass for weekend two is set at just $207.

The 2014 Coachella Music and Arts Festival on Sunday, April 20, 2014, in Indio, Calif. (Photo by Zach Cordner/Invision/AP)

This year’s lineup shouldn’t be blamed for the considerable price nosedive, however. 2014’s festival posted record numbers on the secondary market and served as the most expensive Coachella Festival TiqIQ has tracked since it began compiling ticket data in 2010. With average price still exceeding $600 for both weekends, 2015’s festival is actually the second top-priced festival since the turn of the decade. Besides this year and last, only 2012’s first weekend saw tickets average above $600 at $680.57.

Outkast, Muse and Arcade Fire highlighted the three-day affair last year and the festival also welcomed performances from notable acts like The Replacements, Zedd, Queens of the Stone Age, Lorde, Pharrell, Beck, Calvin Harris, Neutral Milk Hotel and Lana Del Rey.

This year, AC/DC will take the main stage on Friday and will be followed by Jack White on Saturday and Drake on Sunday. Additional artists set to appear over the next two weekends include the Weeknd, Tyler, The Creator, Hozier, Alabama Shakes, Florence + the Machine, Fitz The Tantrums, Marina and the Diamonds and Odesza.

Of course, no Coachella is complete without a slew of sideshows also taking place around the festival. The Roxy, Glass House, El Rey, Fox Theater and Ace Hotel will be among the primary hosting venues, which set to welcomes performances from Benjamin Booker, Glass Animals, Jenny Lewis, War On Drugs, Action Bronson, Interpol, Cashmere Cat and dozens more through April 18.

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