Lollapalooza restructures Grant Park deal, ticket prices to rise

A new agreement with the Chicago Park District announced Wednesday will extend Lollapalooza's stay in Grant Park through at least 2021, while requiring the promoters to pay millions in annual city and county amusement taxes and state liquor taxes for the first time. Though it bolsters government revenue, the deal will likely mean that festivalgoers will pay more for tickets.

Greg Kot

March 14, 2012