Lollapalooza: Next Year in Tel Aviv, Israel

Dev performs on stage during day one of Lollapalooza at Grant Park on August 3, 2012 in Chicago, United States.

Lollapalooza continues to broaden its international horizons. Festival organizers announced Saturday it would hold Lollapalooza Israel in Tel Aviv next year, in what will be the country's first large-scale international music festival. Israel joins Chile and Brazil as the third of the festival's international expansions.

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"Lollapalooza began as music's premier traveling festival," Perry Farrell, the festival's founder and Jane's Addiction frontman said in a statement. "As a musician, I really missed the days when we were on the move. In the last few years we've widened our scope, presenting Lolla to the 'festival generation' around the world. Next stop- Tel Aviv."

The festival is slated for Aug. 20-22, 2013 and will take place in the city's Yarkon Park, Israel's largest park. The park is no stranger to big acts, and has hosted concerts from Michael Jackson and Paul McCartney.

Organizers cited Israel's demand for live music in its decision to expand there.

"Israel is an incredibly sophisticated music market," Marc Geiger of WME Entertainment said in a statement. "Consumers have a voracious appetite for entertainment, yet there has never been a major music festival. To me, this combination screams Lollapalooza."

The announcement follows a recent trend of revealing international expansions during the Chicago festival. In 2011, organizers announced it would be bringing Lollapalooza to Brazil. The previous year, plans for Lollapalooza Chile were unveiled.

Below are next year's festival dates:

March 29-31 | São Paulo, Brazil

April 6-7 | Santiago, Chile

August 2-4 | Chicago, US

August 20-22 | Tel Aviv, Israel