The event had already been postponed until October.
of their staff on Monday this week and has implemented further pay cuts and furloughs to remaining employees. Per the report, 40 percent of people who bought tickets for the April 2020 dates have already requested refunds, so both AEG and Goldenvoice, the subsidiary that plans the event, are likely hurting for money.
Given the way hundreds of thousands of people descend upon Palm Springs and other areas in the Coachella Valley during each weekend installment of the three-day festival, it’s hard to see how a diminished staff would be able to pull off the festival in October without descending into, Lil Nas X, FKA Twigs, BIGBANG, Frank Ocean, Summer Walker, Charli XCX, Ari Lennox, and so many other faves all in one place, it’s probably for the best that we wait.
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