Festival

Tomorrowland Profits Over 8.4 Million Euros or Around 325 Million Baht in 2023!

Aug 6th 2024
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The world’s largest music festival, Tomorrowland, has revealed its net profit for the past year, confirming its status as a leading global EDM event!

WeAreOne.World, the company behind the world-famous Tomorrowland festival, reported a net profit of 8.4 million euros, or around 325 million baht, for 2023. The company’s total revenue for 2023 was 129 million euros, or approximately 5 Billion baht! Although revenue decreased compared to 2022 due to the festival being held over three weekends in that year to make up for the COVID-19 cancellations, the net profit and revenue for the two weekends in 2023 remain impressively high.

WeAreOne.World has expanded the Tomorrowland brand globally, hosting events in France and Brazil (Tomorrowland Winter and Tomorrowland Brasil), along with various events and smaller festivals in countries like Colombia, Mexico, and Dubai (such as CORE Festival). They are now exploring Thailand as a potential location for future Tomorrowland events.

In addition to festivals and events, WeAreOne.World is diversifying its business. They have established Tomorrowland Music, a music label, and are involved in artist management, fashion, media, and the Tomorrowland DJ Academy, which aims to nurture new DJ talent.

Looking ahead, WeAreOne.World plans to continue its growth, including moving to a new office in Antwerp and developing various projects.

Finally, it’s worth noting that Tomorrowland significantly boosted Belgium’s economy in 2023, with over 1,200 Belgian suppliers supporting the festival, creating about 557 jobs, and generating an additional 37 million euros in economic activity for the region!

It’s exciting to think about the revenue for 2024, especially as it was Tomorrowland’s 20th anniversary!

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