Basically major fests are becoming Applebees, you can enjoy em but you know they are feeding you average shit. The best food is going to be your local restaurants (smaller unique fests)
The quote "festivals are lineup-driven, and if you don’t have a great lineup, you’re screwed" is only true for traditional top heavy fests that rely on big acts to draw people in. No wonder so many of them this year are getting into trouble. The bubble is real. Hopefully, fests such as Eaux Claires and Newport Folk will continue to thrive, since they attempt to do something different and appear to aim for longevity rather than short-term cash cows. Bonnaroo will go under if they keep up the trend of aiming for big ass headliners and shitty undercards, because we all know that there's a limited pool of top level talent.
I've read that hardcore festies (HCF's) article before and while it's very insightful, I don't think that crowd is sustainable for the future. Something tells me that these people are more into trends than music, given the predisposition to go for VIP and the headliners. Once the festival bubble pops and something cooler catches their attention, their abundant disposable income will no longer go to festival promoters' pockets.
The "hardcore festie" article is dumb. It blankets every festival in the United States as being some homogeneous market, while not actually analyzing different circumstances that change how festivals need to differentiate their marketing.
Live Nation is just too stupid to realize that a lineup that sells out a market like Chicago, NYC, Austin or San Francisco isn't going to sell out Bonnaroo in bumfuck nowhere Tennessee. They're too stupid to realize the EDM junkie they're obviously trying to target can go to an entirely EDM focused festival closer to them, for cheaper, and have a bed to sleep on when they're passed out from whatever substance they've been fond of.