"We look forward to bringing Panorama to New York City and introducing a new festival that showcases today's top music acts," said Mark Shulman, Festival Producer at Goldenvoice, in a statement. "We're committed to creating an event that will provide significant benefits to New York City with the level of experience and meticulous attention to detail for which Goldenvoice is known."
The announcement follows a petition launched by the organizers behind the city's Governors Ball festival that asked Mayor Bill de Blasio to reject a proposal for Panorama that had scheduled its dates for June at the same park. The concern was that Panorama would cannibalize Governors Ball's ticket sales.
Governors Ball Petitions NYC Mayor to Reject AEG's New Panorama Music Festival
Now, rather than two weeks after Governor's Ball, Panorama will be held seven weeks later.
As well, Goldenvoice states it will continue its work from the past two years to produce an event at Flushing Meadows-Corona Park in Queens, possibly bringing the festival there in years to come.
"Goldenvoice has received tremendous support from the local community and elected officials who recognize the immense economic benefits these types of events deliver to their businesses and constituents," said Shulman. "We look forward to continuing our discussions with NYC Parks to create an event to take place in Queens in the future."
Goldenvoice operates under production giant AEG Live. In 2008 the company launched a failed New York-area festival called All Points West, which was held in Jersey City's Liberty State Park, but lasted just two years.