Coachella Wins the Fight for Festival Headliners—and Profit

Music fans arrive at the 2013 Coachella Music Festival at the Empire Polo Club on April 11 Photograph by Frazer Harrison/Getty Images for Coachella

This weekend kicks off the 2013 summer festival circuit when more than 150,000 people descend on Indio, Calif., over two weekends for the Coachella Valley Music and Arts festival. In June, their Southern counterparts at Bonnaroo will sweat themselves silly on a Tennessee farm, and Midwesterners will flock to Chicago in August for Lollapalooza.

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