Coachella has cemented itself in its original home at the Empire Polo Club until 2050. The organizers Goldenvoice sealed the deal in the form of a new lease that extends their original agreement by another 20 years. Having been founded in 1999, Coachella will cement itself as a half-a-century old festival when the contract needs to renew once more.
“We are pleased to continue our long-term relationship with Paul Tollett and Goldenvoice,” Alexander Haagen III, owner of the Empire Polo Club, said in a statement. “The new long-term lease will assure that the iconic Coachella and Stagecoach Music Festivals will continue for many years to come and allow Goldenvoice to expand their vast catalog of musical acts on both of Empire’s properties. We wish the very best to AEG, Goldenvoice, and Paul Tollett with their future plans.”
The Festival, along with its neighboring weekend Stagecoach, is only three of five weekends that Goldenvoice will be allowed to host. For the duration of the contract, they can host more events like their one-off Desert Trip festival in 2016. The event featured two legendary acts a day for two weekends in a row that October: Bob Dylan, The Rolling Stones, Neil Young, Paul McCartney, The Who and Roger Waters. Considering the wide range of musical tastes under the Goldenvoice umbrella, there are sure to be plenty of pleasant surprises in store to fill these weekend slots for the next several years.
City records state that Goldenvoice generates a total of $3.5 million USD for Indio annually, and the organizers are set to return with Coachella on April 15-17 and April 22-24, 2022 after being away for two years, while Stagecoach will take place on April 29 to May 1, 2022. Swedish House Mafia is the first act confirmed to play Coachella 2022 while Frank Ocean is confirmed as one of the headliners for Coachella 2023.