MUSIC NEWS- Concert promoters, Goldenvoice, a division of the music mega-corp AEG and the organizers of the annual Coachella Valley Music & Arts Festival and Stagecoach Country Music Festival, today announced that the purchased the two hundred and eighty acres of land that comprise the Eldorado Polo Club, Triangle Bar Farms, Fish Creek and Ambassador Glen Holden's property, site near the location of their festivals.
The terms of transaction were not disclosed and Paul Tollett, president of Goldenvoice, has not said what the property would be used for, but it is land all around the festival site at the Empire Polo Club. The sale does likely assure the future of Coachella and Stagecoach in the area.
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