UPDATE: Coachella issued a statement about the cancellation.

The 2020 edition of Coachella, which had been postponed from April to October due to the coronavirus and had already not seemed too likely to happen, has now been canceled, according to Billboard, and that producers Goldenvoice are still determining when next year it would return. Billboard reports that AEG, Goldenvoice's parent company, thinks they could do a 60% capacity festival in April 2021 but may wait till October 2021. AEG is holding off on making that decision til a better picture of the pandemic's trajectory can be better understood, according to Billboard.

UPDATE: Goldenvoice has still not given a public statement, but health officials also say they have officially cancelled both Coachella and Stagecoach for 2020.

Coachella 2020 was to have featured Rage Against the Machine, Frank Ocean, Travis Scott, Lana Del Rey, Run the Jewels, Thom Yorke, and more.

With this comes news that AEG has laid off 15% of its workforce, as well as furloughing over 100 employees in various divisions of the company and instituting 20–50% pay cuts. “Every employee worldwide will be impacted in one form or another,” wrote AEG chief executive Dan Beckerman in a staff memo to employees on Monday. "It is an agonizing decision, but sadly, a necessary one."

Beckerman also wrote in the memo, “It is clear now that live events with fans will not resume for many months and likely not until sometime in 2021” which is a view shared by many in the industry.

In the meantime, you can watch pro-shot video from Coachellas past from the festival's archives, and we picked 15 amazing Coachella performances you can watch now.

Lollapalooza finally officially canceled their 2020 festival on Monday.

You can check out photos from Coachella 2019:

UPDATE: Coachella issued a statement about the cancellation.