Lollapalooza will stay in Chicago for at least another decade
CHICAGO - Though the news "leaked" early in the weekend when the founder of Lollapalooza, Perry Farrell himself, told WGNNews' Dean Richards that a deal had been reached, Mayor Lori Lightfoot took the stage Sunday night to announce that the Lollapalooza Festival will remain in Chicago for at least the next decade.[1]
Mayor Lori Lightfood and Perry Farrell, frontman of the band Jane's Addiction and the founder of Lollapalooza, took the stage Sunday night before the closing set of K-Pop star J-Hope to announce that a deal had been reached to keep the Lollapalooza Festival in Chicago for at least another decade. The deal reportedly also has an option to extend the deal for an additional 5 years beyond.
The festival began in the early 1990s but found a permanent home in Chicago's Grant Park in 2005.
According to the Chicago Sun-Times, last year's festival generated the city approximately $4 million in taxes over the four day period, and the Park District nearly $8 million in fees.[2] As the festival just finished yesterday, as of yet it's unknown the figures for this year's festival.
Lollapalooza has already announced the dates for next year's festival of August 3-6, 2023.
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Notes & References
Richards, Dean. “Lollapalooza Extends Chicago Contract 10 More Years, Founder Perry Farrell Says.” WGN. WGN-TV, July 29, 2022. https://wgntv.com/music/lollapalooza/lollapalooza-extends-chicago-contract-10-more-years-founder-perry-farrell-says/. ↩︎
Camarillo, Emmanuel. “Lightfoot Announces Deal to Keep Lollapalooza in Grant Park for Another Decade.” Times. Chicago Sun-Times, August 1, 2022. https://chicago.suntimes.com/city-hall/2022/7/31/23286643/lollapalooza-contract-chicago-lightfoot-renew-10-years-grant-park. ↩︎