Coachella Music and Arts Festival is perhaps the most well-known event in the musical calendar. The three day event, taking place in California’s Coachella Valley, has not only been home to some of the biggest and best acts in the world today, but some of the most memorable sets of the year – just take a look at what was reportedly one of Gesaffelstein’s last live sets from this year’s event, or this one-of-a-kind old-school performance from David Guetta.

FOMO much? Yeah, we know the feeling.

While Coachella isn’t looking to touch down in Australia any time soon, the word on the street is that the festival’s organisers, AEG Live, have been scouting locations on the other side of the USA for a brand new festival.

 

According to the New York Daily News, city officials have been in talks with the company, who are looking at booking Flushing Meadows Corona Park for a new event in June 2016. The working title of the event is apparently “Panorama”.

Interestingly, if the event goes ahead, it’ll be one of the largest gatherings held in Queens since back in 1964, when the area was home to the World’s Fair.

The company, Founders Entertainment, are looking to book the festival the mid-late June, about two weeks after the neighbouring Governor’s Ball – the only other three day music festival in the city. Governor’s Ball organisers are understandably pissed off, expressing concern that this new event will draw punters away.

“The timing of this corporate-run festival would threaten our ability as a small business to continue putting on the kind of event that has showcased the best artists, created hundreds of local jobs and put millions of dollars back into the city’s economy,” said Founders Entertainment representative Tom Russell.

One study showing the economic impact of the 2014 edition of The Governor’s Ball showed that it brought in more than $40 million for New York City. So is it a case of little guy vs big guy, or more of a “get off my turf” fight?