Red Hot Chili Peppers will headline the Lollapalooza festival, it was announced Wednesday, as the alternative rock greats complete work on their first album in five years. The July 28-31 festival in Chicago, which is marking its 25th anniversary, also said that Radiohead would perform, in the latest date for the acclaimed British arthouse rockers whose small arena tour sold out within minutes. Red Hot Chili Peppers frontman Anthony Kiedis last month told a radio station that the band had written "two dozen songs" and was "in the home stretch" of selecting and recording them for the new album.

Source: Yahoo Music
Link: Chili Peppers to play Lollapalooza as new album emerges