According to mydesert.com, Goldenvoice and Indio officials say they're getting close to closing a deal that would keep both the Coachella and Stagecoach music festivals in Indio long-term.
This is great news considering just weeks ago there was speculation that the Mecca of indie and country music festivals may plant itself elsewhere. For years, Goldenvoice has been working to solidify a permit with Indio that would allow it to host events at the Empire Polo Club on a long-term basis but has only received one-year permits for the first 12 years of Coachella.
Indio granted Goldenvoice a two-year permit for the 2012 and 2013 festivals, and this year Coachella broke attendance records by selling out two weekends. The relationship turned south when City Councilman Sam Torres suggested placing a ballot that would tax major events like Coachella and Stagecoach, but he quickly withdrew his proposal after Goldenvoice threatened to to take its business elsewhere after 2013.
According to Goldenvoice president Paul Tollett, "We will be filing an application for a long-term permit in the next few weeks."
The Indio City Council seems to be reseptive to Tollett's proposal, but says the next move is up to Goldenvoice. "Do I feel we'll get a long-term contract? Yes, I do," Mayor Glenn Miller said during a council meeting on July 18. "What the long-term deal looks like, I don't know."
However, although Goldenvoice is applying for the permit does not necessarily mean it will stay in Indio. Tollett has acknowledged that the company has "spent money on options for new venues."
Do you think Coachella should stay in Indio or move to another venue? Let us know in the comments below!