by (@unclegrambo)

And Your 2012 Lollapalooza Headliners Are… Red Hot Chili Peppers, Black Sabbath, The Black Keys, Jack White, Avicii, And Justice

With this year’s highly anticipated Coachella Festival just three days away, rival festival Lollapalooza just stole a bit of their thunder tonight by announcing the lineup for their 2012 festival, which will be held in Chicago’s Grant Park from August 3-5. This year’s festival will be headlined by a powerful array of rock royalty (Red Hot Chili Peppers, The Black Keys, Jack White), a historic reunion (the only scheduled North American tour date for Black Sabbath) and, for the first time ever, big-draw DJ acts (Avicii, Justice).

VH1 was able to exclusively ask Lollapalooza founder Perry Farrell (Jane’s Addiction) what kind of traits he looks for in his headlining acts, and he answered in typically awesome Farrell fashion:

We’ve got the complete Lollapalooza press release, which just hit the wires, for you below!

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