Gil will forfeit his interest in $6 million and several pieces of real estate in Laredo, Texas
NEW YORK (Billboard) – Pearl Jam, Dave Matthews Band and the will headline the three-day in Texas on October 2-4.
Other acts scheduled to perform at the annual Zilker Park event includeKings of Leon, Ben Harper and Relentless7, Thievery Corporation, John Legend, Sonic Youth, Mos Def, the B-52s, Lily Allen, the Decemberists, and Coheed and Cambria.
Three days festival passes start at $185 (with no service fees) throughaclfestival.com (http://aclfestival.com).
Pearl Jam is also planning to tape an appearance on the public television series that is the festival's inspiration.television show, the
Last year ACL was the fifth highest-grossing festival reported to Billboard Boxscore at $11.8 million, with an aggregate attendance of 218,000.
(Editing by Dean Gooodman at Reuters)