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        <title><![CDATA[Coachella 2020 reportedly canceled after massive staff cuts to parent company]]></title>
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            <media:title type="html">Coachella 2020 reportedly canceled after massive staff cuts to parent company</media:title>
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        <content:encoded><![CDATA[<p>Coachella 2020 has reportedly been canceled.</p><p>After rescheduling its April dates to October due to the <strong>coronavirus</strong> lockdown, the end has finally come for this year&#8217;s Coachella Valley Music and Arts Festival, <strong>Billboard reports</strong>.</p><p>This week, the parent company for Goldenvoice, AEG, laid off 15% of its staffers, furloughed more than 100 people and issued pay cuts, according to an internal memo acquired by Billboard. The memo also said it&#8217;s &#8220;clear&#8221; live events such as Coachella will not resume until 2021.</p><p>&#8220;When we are able to reopen, it will take time until we see our fans, partners and sponsors fully return,&#8221; says AEG CEO Dan Beckerman in the memo.</p><p>Goldenvoice has not returned The Post&#8217;s request for comment.</p><p>As of now, Coachella 2021 may return in a smaller form in April 2021, or back to its full capacity in October 2021, the memo read.</p><p>The festival — held annually in Indio, California — was set to be <strong>headlined by Rage Against the Machine</strong>, Travis Scott and Frank Ocean over two weekends in April. The lineup also included Megan Thee Stallion, Thom Yorke, 21 Savage and Lana Del Rey, among others.</p><p>The lineup for 2021 hasn&#8217;t been announced.</p><p>Organizers first <strong>postponed the Palm Springs-area fête in March</strong> over fears of the deadly <strong>coronavirus</strong>, moving to two weekend dates in October. Ticket holders were informed their purchases would be &#8220;honored for the rescheduled dates&#8221; or eligible for a refund.</p><p>Coachella is one of many high-profile events with plans that have been scrapped due to COVID-19, including Stagecoach Festival, <strong>South by Southwest (SXSW)</strong> and <strong>Ultra Music Festival</strong>. The coronavirus hit the entertainment industry hard as a whole, <strong>shutting down all Broadway productions</strong>&nbsp;and <strong>countless movies and TV shows</strong>.</p>]]></content:encoded>
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