What Happened to C3 Presents?
C3 Presents, founded in 2007 by Charles Attal, Charlie Jones, and Charlie Walker, is a leading producer and promoter of major music festivals and events globally, including Lollapalooza and Austin City Limits Music Festival. The company became a subsidiary of Live Nation Entertainment in 2014, significantly expanding Live Nation's festival portfolio. C3 Presents continues to operate a vast array of events, manage artists, and book venues, actively engaging in new initiatives and community partnerships as of 2026.
Quick Answer
C3 Presents, a prominent music festival and event promoter established in 2007, was acquired by Live Nation Entertainment in 2014, becoming a key subsidiary in their global festival platform. The company remains highly active, producing world-renowned festivals such as Lollapalooza and Austin City Limits, alongside numerous concerts and specialized events. As of August 2026, C3 Presents is launching new festivals like For You Fest and Daisy Chain Fields, while also navigating operational challenges such as the cancellation of Bonnaroo's 2027 edition due to weather-related ground recuperation.
📊Key Facts
📅Complete Timeline15 events
Lollapalooza Revival
Charles Attal and Charlie Jones, future co-founders of C3 Presents, licensed and revived the Lollapalooza Festival as a permanent event in Chicago's Grant Park.
C3 Presents Founded
C3 Presents was founded in Austin, Texas, by Charles Attal, Charlie Jones, and Charlie Walker, taking over the production of Austin City Limits Music Festival and Lollapalooza.
Investment by The Raine Group
The Raine Group invested in C3 Presents, indicating growing interest and valuation in the independent promoter.
Live Nation Acquisition Talks Begin
Live Nation Entertainment began discussions to purchase a 51% stake in C3 Presents, which was then the largest independent concert promoter in the world.
Acquired by Live Nation Entertainment
Live Nation Entertainment completed the acquisition of a controlling stake (51%) in C3 Presents, integrating its major festivals and operations into Live Nation's global platform.
Partnership for Moody Center
C3 Presents and Live Nation partnered with Oak View Group to develop a 15,000-seat arena, the Moody Center, on the University of Texas at Austin campus.
Moody Center Opens
The Moody Center officially opened, becoming the home of UT basketball and a venue for music and entertainment events booked by C3 Presents.
Community Involvement & ACL Donations
C3 Presents partnered with Huston–Tillotson University's music business program and contributed $8.1 million from Austin City Limits Festival proceeds to the Austin Parks Foundation.
Lollapalooza India Third Edition
Lollapalooza expanded its global footprint with its third consecutive installment in India, showcasing C3 Presents' continued international growth.
Extra Innings Festival
C3 Presents produced the Extra Innings Festival at Tempe Beach Park & Arts Park in Tempe, Arizona.
Bonnaroo Music & Arts Festival 2026
Bonnaroo 2026 took place in Manchester, TN, though it experienced weather issues including a forced evacuation and canceled acts on its final day.
Announcement of For You Fest
C3 Presents and Live Nation announced 'For You Fest,' a new creator-led festival scheduled for November 14-15, 2026, in Irvine, California, focusing on social media culture.
Bonnaroo 2027 Cancellation
Bonnaroo announced the cancellation of its 2027 edition, citing the need for the festival grounds to recuperate from consecutive years of severe weather.
Daisy Chain Fields Festival
C3 Presents produced Olivia Rodrigo's debut 'Daisy Chain Fields' festival at Irvine's Great Park, an all-women lineup event benefiting non-profits for women and girls.
Austin City Limits Music Festival 2026
The Austin City Limits Music Festival is scheduled to take place over two weekends in Zilker Park, Austin, TX.
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🔍Deep Dive Analysis
C3 Presents was established in Austin, Texas, in 2007 by co-founders Charles Attal, Charlie Jones, and Charlie Walker. Prior to C3's formation, Attal and Jones were instrumental in reviving the Lollapalooza Festival as a permanent event in Chicago's Grant Park in 2005 and producing the Austin City Limits Music Festival through Capital Sports & Entertainment. Upon its founding, C3 Presents assumed production of these flagship festivals, quickly growing into one of the largest independent concert promoters globally.
A pivotal moment for C3 Presents occurred in December 2014 when Live Nation Entertainment acquired a 51% controlling stake in the company. This acquisition, reportedly for a significant sum, integrated C3's extensive portfolio of festivals, concert promotions, and artist management services into Live Nation's vast global network. The deal was seen as a strategic move by Live Nation to solidify its position in the burgeoning festival market, while C3's founders expressed excitement about leveraging Live Nation's resources for continued growth.
Since the acquisition, C3 Presents has continued to thrive as a Live Nation subsidiary, maintaining its brand identity and entrepreneurial culture. The company's portfolio includes major festivals like Lollapalooza (with international editions in countries such as Chile, Argentina, Brazil, Germany, and India), Austin City Limits Music Festival, Bonnaroo, Governors Ball, Shaky Knees, and many others. C3 also owns and operates multiple music venues in Austin, including Stubb's BBQ, Emo's, and Historic Scoot Inn, and is involved in booking over 1,000 shows nationwide.
In recent years, C3 Presents has demonstrated ongoing expansion and adaptation. In 2018, it partnered with Live Nation and Oak View Group to develop the Moody Center in Austin, which opened in May 2022 and hosts UT basketball, music, and entertainment events. The company also engages in significant community involvement, including a partnership with Huston–Tillotson University's music business program and substantial contributions to the Austin Parks Foundation, totaling $8.1 million in 2023 from ACL Festival proceeds.
As of 2026, C3 Presents remains at the forefront of the live entertainment industry. In July 2026, the company, in conjunction with Live Nation, announced the new 'For You Fest' in Irvine, California, a creator-led festival focusing on social media culture across comedy, music, beauty, fashion, and podcasts. Additionally, C3 Presents produced Olivia Rodrigo's inaugural 'Daisy Chain Fields' festival at Irvine's Great Park on August 29, 2026, an all-women lineup event with net proceeds benefiting non-profit organizations supporting women and girls. However, the company also faced challenges, with Bonnaroo announcing the cancellation of its 2027 edition to allow the festival grounds to recuperate from consecutive years of severe weather. C3 Presents continues to book and promote a full calendar of festivals and events into 2026 and 2027, showcasing its enduring presence and influence in the global music landscape.
What If...?
Explore alternate histories. What if C3 Presents made different choices?