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Contracts are the backbone of any well-organized music festival. There are contracts for the venue or outdoor space, contracts for the staging and equipment, contracts for all the music artists, contracts for the porta-potties, contracts for security, contracts for water trucks, contracts for concessions, contracts for ticketing, contracts and permitting with the local governments, contracts with insurance companies, contracts for medical workers. Even the simplest of festivals can involve hundreds of contracts and each contract must be negotiated, written, and read.
Festivals are detail-heavy. If the people running a festival think it is going to happen by magic, they will be creating a disaster for those who buy tickets. Read about the 2017 Fyre Festival if you want to know how badly a festival can be screwed up.
Trademarks come into play with festivals. At the very least, the name of your festival should have a registered trademark. That's so someone else cannot come along and steal the name of your festival from you and try to piggyback off your hard work and crowd appeal.
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