An annual music festival which was established by Jane's Addiction's Perry Farrell. Ran annually from 1991-1997, restarted in 2003, restarted again in 2005-present. Used to showcase many bands of the rock/metal/alternative/indie genres, and even featured some rap artists. In its earlier years, (91-97) its success was helped by many famous and enjoyed bands at the time, such as (but not limited to) Soundgarden, Primus, RHCP, Metallica, Korn, Tool, Green Day, Audioslave and Sonic Youth.
In recent years, it has lost popularity most likely blamed on unheard artists or Guitar Hero competitions onstage. As of 2010, Lollapalooza will most likely be known as 'cool' by the pop culture, thanks to Lady Gaga crowd surfing nearly naked. I, like many fans of the genres mentioned above will continue to enjoy Lollapalooza, but not without losing respect for the festival. This decline in respect will most likely be blamed on mainstream pop artists joining future lineups for the festival, following Lady Gaga's spectacle.
Guy: Dude! You wanna go to Lollapalooza with me?
Dude: Nah man, that place is garbage now.
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