Should the City have Waived Fees for the Grammy Awards?
In a time when the city of Los Angeles is in the red by $433 million, the Grammy Awards yesterday got $124,163 in special event fees waived (you know, permits, officers, street closures and the like). With city services being cut and fees to residents being raised (like parking meter rates, etc), some folks are not happy. After all, with all the advertising, the glamour and lawsuits against college students, the music industry can't afford this drop-in-the-bucket (to them) fee? Besides the music industry being douchey, in the end, like all things, it's a game of numbers and economics and they know that. The Grammys, which is estimated to inject $45 million into the local economy, has jumped back and forth between Los Angeles and New York. In recent years, it's stayed in Los Angeles, except in 2003.
"This is an event of international significance that puts an enormous spotlight on the city of Los Angeles, generates a lot of revenue in terms of hotels, restaurant, service opportunities," said Jan Perry, the councilmember who asked the council to waive the fees, to the LA Times. "This is something that competitively . . . we cannot afford to risk losing to another major city."