This year's Lollapalooza isn’t even over yet, but that doesn't mean we can't start looking forward to next year's festival. On Saturday (Aug. 4), a third international site for Lollapalooza 2013 was announced – the location being Tel Aviv, Israel.

Perry Farrell, the creative force behind Lollapalooza as well as Jane's Addiction's frontman, made the following comment in a recent statement: "Lollapalooza began as music's premier traveling festival … In the last few years we've widened our scope, presenting Lolla to the 'festival generation' around the world. Next stop: Tel Aviv."

The Israeli segment of the festival is scheduled to run from Aug. 20 through Aug. 22, 2013 in Yarkon Park in Tel Aviv, which has hosted a number of musical events in years past. Performances by legendary acts including Michael Jackson, Paul McCartney, Elton John, Tina Turner, Madonna, David Bowie, Guns N' Roses and many more have taken place in the scenic park.

Lollapalooza started its international expansion back in 2011 with the addition of Santiago, Chile and went on to add Sao Paolo, Brazil to the festival’s itinerary in April of this year.

Marc Geiger, who was also involved in the festival’s creation back in 1991, explained why Israel was chosen as Lollapalooza’s third international location. "Israel is an incredibly sophisticated music market," he said. "Consumers have a voracious appetite for entertainment, yet there has never been a major music festival. To me, this combination screams Lollapalooza."