Kanye West is a phenomenal rapper whose Coachella appearance was anticipated with bated breath. Kanye West, on the other hand, has announced that he will not be performing at Coachella this time. Kanye West squandered $8 million by canceling the Coachella event.
Kanye West is already a multibillionaire, but his decision to skip Coachella left a huge sum of money on the table. According to TMZ, Ye signed an $8 million deal for a two-weekend Sunday headlining engagement. Coachella was also said to be handing out $500,000 in production expenditures.
Kanye and his management finally informed Coachella at the last minute that he was canceling his performance. It appeared that Kanye hadn’t been serious about performing on the Coachella stage for quite some time. According to Kanye insiders, Ye had not truly rehearsed for a performance that some artists plan for months.
Kanye had a staff in place that was actively communicating to Coachella producers, but there was still a lot of work to be done. Coachella’s producers were reportedly taken completely off guard, with no backup plan.
It reported that The Weeknd and Swedish House Mafia have taken Kanye’s place and they will be paid the same. What do you think the reason for Kanye’s cancellation of the performance will be? For further updates stay tuned to Thirsty.
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