Bonnaroo organisers buy festival site

The festival will own 530 acres in Tennessee

Organisers of US festival Bonnaroo are wrapping up a deal to purchase the site on which the festival takes place.

The 530 acres that house the festival will be owned by the festival, the largest in the US, who will have additional 300 acres as a long-term lease.

Festival organisers plan to build a permanent infrastructure at the site, including power, water and bathrooms. They also plan to have a permanent stage on site.

Bonnaroo is the highest grossing festival in the world, profiting $14.7 for last year’s event, which saw performances by Radiohead, Beck and Kings Of Leon.

The sixth Bonnaroo festival takes place June 14-17. Acts are expected to be revealed at the end of this month.

–By our New York staff.

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