Goldenvoice In Talks to Bring Bob Dylan, Paul McCartney, Rolling Stones and More to Coachella Site

Jeffrey R. Staab/CBS /Landov
Bob Dylan performs on "The Late Show with David Letterman" on May 19, 2015 on the CBS Television Network.

Paul McCartney, the Rolling Stones, Roger Waters, Neil Young, The Who and Bob Dylan are among the mega star acts booked for what will be one of the biggest concerts in history at the Coachella site in Indio, Calif., according to multiple sources. Goldenvoice Entertainment will produce the event, which the LA Times reports will take place Oct. 7-9. 

The concert will surely boast one of the highest talent budgets in history, even for a three-day festival; one source says the top headliners on the bill are guaranteed as much as $7 million each, with the possibility of a second weekend still being discussed. While contracts are still being finalized, organizers are planning the Stones and Dylan the first night, followed by McCartney and Young with his Promise of the Real touring outfit the second, with former Pink Floyd frontman Waters and the Who closing out the final night.

The event will be Goldenvoice's third festival on the Empire Polo Field site. Coachella, which already boasts two identically-booked weekends, kicks off today (April 15) and will continue next weekend, with the country music festival Stagecoach taking over the grounds the weekend after, beginning April 29. It would also be the second new Goldenvoice-produced festival confirmed this month; last week, the Pasadena City Council approved the promoter's plans for a multi-day event to be held at the Rose Bowl beginning in 2017 called the Arroyo Seco Music and Arts Festival.