Lollapalooza to stay put in Chicago as ticket prices jump

A new agreement between the Chicago Park District and concert organizer C3 Presents will keep Lollapalooza in Chicago through at least 2021, and require C3 to pay millions in amusement and liquor taxes for the first time.

It also will increase the ticket prices to concertgoers, according to Charlie Jones, co-owner of the Austin, Texas-based concert promoter. Keeping Lollapalooza in Grant Park will bring in an extra $1 billion in economic impact over the course of the deal, according to Chicago Park District officials. Read more.

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