Concert Promoter Purchases Coachella Grounds

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Goldenvoice, the promoter of the Coachella music festival, has purchased the 280 acres of land in California where the festival occurs on a yearly basis.  The deal allows them to maintain the grounds as a permanent home for the festival without having to rebuild each year.  This year’s festival takes place in April and features Snoop Dogg and Radiohead among dozens of other acts.