No one can doubt the financial and cultural impact that Hip-Hop has. For a county in North Carolina, a Hip-Hop festival helped generate more than $6 million in the two days it was held in Wake County last month.
According to WRAL, North Carolina’s own J. Cole, who brought his Dreamville Festival to Dix Park on April 2 and April 3 helped generate more than $6.7 million in direct economic impact to Wake County. The festival, which took place over two days, was attended by 80,000 people this spring according to the organizers of the event. The amount made this year nearly doubled the $3.8 million that the festival brought in for 2019.
Due to the coronavirus, the festival was canceled in 2020 and 2021.
According to VisitRaleigh, the actual total being reported is significantly more than $6.7 million. “It is important to note that the $6.7 million is a conservative estimate that does not include locals’ spending, nor does it include a multiplier of indirect or induced impacts. It represents tourism economic impact only, which is new money coming into the local economy.”
One person who was happy about the Dreamville Festival is Raleigh Mayor, Mary-Ann Baldwin.
“I feel that we have been a great partner to Dreamville,” said Raleigh Mayor Mary-Ann Baldwin. “They have been a great partner to us, and we look forward to them continuing to set the stage for what can be done out at Dix Park.”
The initial Dreamville Festival in 2019, drew in more than 40,000 attendees and the reported direct economic impact was nearly $3.8 million.
Complex reported that this year’s Dreamville lineup featured Lil Baby, Kehlani, Fivio Foreign, BIA, Rico Nasty, T-Pain, Morray, and of course J, Cole. A portion of the money made is going to the Dreamville Foundation and the Dorothea Dix Park Conservancy. The funds will help with the preservation of Dorothea Dix Park.