The Weeknd audaciously secures another heavy bag.
According to TMZ, Ye was going to be paid $8M for his headlining gig at the upcoming Coachella fest before he unplugged from the whole shebang at the last minute.
On Wednesday, Coachella had officially announced The Weeknd to be Ye’s replacement. The “Out of Time” singer will be joining Swedish House Mafia as a headliner on the two Sundays of the two-weekend festival.
However, the booking almost didn’t pull through. But according to Page Six, Coachella organizers were having cold feet paying The Weeknd the same $8M as Ye, including $500K in production costs. As a result, the singer allegedly threatened to pull out unless he was also going to paid the same amount.
“The Weeknd came in at short notice to take Kanye’s top spot. But Phil Anschutz [who owns the Coachella Festival through AEG Live] wanted to hold on to Kanye’s money and pay The Weeknd far less, just a few million. The festival would pocket the rest,” revealed a source.
“Even after Coachella announced the new lineup on Wednesday, a deal wasn’t in place for The Weeknd, who threatened to pull out at an hour’s notice if he didn’t get the same deal as Kanye.”
After “fraught negotiations,” the festival caved in and agreed to his demands. “Finally, on Wednesday — faced with the prospect of a second headline act pulling out of Coachella at the last minute — Anschutz’s company caved and agreed to pay The Weeknd the same money.”