2018 ACL Festival Economic Impact Report Released

April 29, 2019

$5.1 MILLION DONATION TO AUSTIN PARKS AUSTIN PARKS FOUNDATION TO FUND PARK PROJECTS IN EVERY DISTRICT FROM ACL PROCEEDS

C3 Presents has released the 2018 Austin City Limits Music Festival Economic Impact Report, announcing a $264.6 millioncontribution to Austin’s economy last year alone, the equivalent of close to 3,000 full-time jobs. This figure represents a $10 million increase over the 2017 event ($255 million). Since 2006, ACL Fest has generated nearly two billion dollars ($1.965 billion)for the Austin economy, which is the equivalent of creating or retaining 21,500 jobs for Austin employees.

The 2018 ACL Fest also generated $5.1 milliontowards future park improvements across Austin. For the past 13 years, ACL Fest’s partnership with the Austin Parks Foundation has provided more than $35 million to improve, maintain and revitalize Austin’s public park system. This unique relationship ensures that a portion of every ACL Fest ticket purchase supports parks in every corner of Austin. This $5.1 million is in addition to fees, maintenance, and restoration of Zilker Park, which are also paid annually by ACL Festival.

Proceeds from the 2018 ACL Fest will be put toward dozens of park projects in all 10 City Council districts, including but not limited to:

Eastlink (Districts 1, 3 & 4) – Support the development of a bike and pedestrian-friendly route from Bartholomew District Park to Lady Bird Lake Govalle Neighborhood Park (District 3) – Playscape and ball field revitalization Austin Nature & Science Center (District 8) – Master Plan creation Alliance Children’s Garden (District 9) – Support the development of a children’s play area at Butler Park APF’s ACL Music Festival Park Grants Program (Districts 1-10) – Supports community-initiated park improvement projects

To view a snapshot of the Austin Parks Foundation’s work in the Austin community and how ACL Fest fans have contributed to improving public parks, trails and green spaces, visit www.aclfestival.com/parks.

To access the entire 2018 Austin City Limits Music Festival Economic Impact Reportas well as the current ACL Fest/Austin Parks Foundation Infographic, click here.

The 2019 Austin City Limits Music Festival will take place October 4-6 and 11-13. The full lineup will be revealed tomorrow, April 30 at 10am CT, and tickets will be available at www.aclfestival.com/ticketsat 12pm CT.

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C3 PRESENTS C3 Presents creates live experiences for millions of fans across the globe, setting the new standard each year for events that are as memorable as they are spectacular. One of the world’s largest music festival producers, C3 is the force behind two of the most iconic multi- day festivals — Austin City Limits Music Festival in Texas and Lollapalooza in Chicago and its six international editions — drawing a combined 2 million music lovers annually.

AUSTIN PARKS FOUNDATION Founded in 1992, Austin Parks Foundation (APF) is dedicated to partnering with our community to enhance people’s lives by making our public parks, trails and green spaces better through volunteerism, innovative programming, advocacy, and financial support. APF is focused on creating equitable access to great parks for all Austinites and helps fill the City’s funding and resource gap in order to develop and maintain Austin’s 300+ parks. APF fosters unique public/private partnerships and, since 2006, has given over $3 million in community-initiated grants in service to the greater Austin community. APF is known for its annual flagship volunteer event, It’s My Park Day, and is a presenting partner and beneficiary of the popular Austin City Limits Music Festival at Zilker Metropolitan Park. For more information, please visit www.austinparks.org.

Media Contacts: C3 Presents and ACL Festival: Sandee Fenton [email protected]

Austin Parks Foundation: Elsa Morales [email protected]

Angelou Economics: Angelos Angelou [email protected]