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The move is symbolic because CPS has the final say, but the move offers insight into how a new needs-based approach to distributing money is playing out.
Following Lollapalooza’s long and lucrative run in Chicago, the future of the flagship music festival is still to be determined, with its decade-old contract ending this year.
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Lollapalooza's contract for this year's festival was quietly executed without any public discussion or vote.