Rapper Jay-Z will bring the ''Made in America'' music festival to downtown Los Angeles. Rough cut - no narration
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Rapper Jay Z joined Los Angeles Mayor Eric Garcetti on Wednesday (April 16) to announce that his music festival, "Budweiser Made in America," will be coming to downtown Los Angeles in August, giving the annual music bash a second venue. Grammy-winning Jay Z launched the "Made in America" festival in 2012 in Philadelphia with Anheuser-Busch's Budweiser beer brand and concert company Live Nation Entertainment in an effort to bring together diverse musical acts such as hip hop, pop, rock, country and others. Garcetti touted the positive economic impact the inaugural festival, which featured performances by Pearl Jam, Drake, Rita Ora and Jay Z himself, had on Philadelphia, bringing in more than $10 million for the local economy and helping the hotel occupancy rate increase to more than 90 percent. The festival is part of recently elected Garcetti's "back-to-basics" agenda to boost the Los Angeles economy. He said one in seven jobs in the city is arts-related, the mayor has also vowed to revitalize entertainment production in Los Angeles as the film and TV industry moves to other states and countries for tax incentives. The festival, which will be held over the Labor Day weekend on Aug. 30 and 31, will bring an estimated 50,000 people to Grand Park in downtown Los Angeles, next to City Hall. The line-up will be revealed in early May and tickets are $125. The event will also be held in Philadelphia on the same weekend for the third consecutive year, making it the first music festival to be held simultaneously on both the East and West Coasts.
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