This year's festival will be a two-day event, with additional artists and itinerary to be announced in the next few weeks.
Founded by Jane's Addiction singer Perry Farrell, Lollapalooza launched in 1991 and ran through 1997, featuring such acts as Pearl Jam, Beck and the Beastie Boys. After skipping five years, the tour returned last year with a lineup including a reunited Jane's Addiction, Audioslave and Incubus.
"This summer, Lollapalooza will embody the spirit of the Gypsy!" said the colorfully cryptic Farrell in announcing the tour. "Our buses of artisans sleeping over in each and every city will spread the sense of exhilaration. The days and nights will be filled with mischief."