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Douglas Harper's Etymology Dictionary
lollapalooza

also lallapaloosa, lallapalootza, etc.; "remarkable or wonderful person or thing," 1901, American English, fanciful formation. The annual North American alternative pop music concert of the same name dates from 1991.

Wiktionary
lollapalooza

n. (context informal English) An outstanding, extreme, or outrageous example of its kind.

Wikipedia
Lollapalooza

Lollapalooza is an annual music festival featuring popular alternative rock, heavy metal, punk rock, hip hop, and EDM bands and artists, dance and comedy performances and craft booths. It has also provided a platform for non-profit and political groups and various visual artists.

Conceived and created in 1991 by Jane's Addiction singer Perry Farrell as a farewell tour for his band, Lollapalooza ran annually until 1997, and was revived in 2003. From its inception through 1997 and its revival in 2003, the festival toured North America. In 2004, the festival organizers decided to expand the dates to two days per city, but poor ticket sales forced the 2004 tour to be canceled. In 2005, Farrell and the William Morris Agency partnered with Austin, Texas–based company Capital Sports Entertainment (now C3 Presents) and retooled it into its current format as a weekend destination festival in Grant Park, Chicago.

In 2010 it was announced that Lollapalooza would debut outside of the United States, with a branch of the festival staged in Chile's capital Santiago on April 2–3, 2011 where they partnered up with Santiago-based company Lotus. In 2011, the company Geo Events confirmed the Brazilian version of the event, which was held at the Jockey Club in São Paulo on 7 and 8 April 2012. In September 2013, Buenos Aires was selected as the third Lollapalooza in South America, starting on April 2014, and in November 2014, the first European Lollapalooza was announced, which will be held at the former Tempelhof Airport in Berlin.

The music festival hosts more than 160,000 people over a two- or three-day period. Lollapalooza has featured a diverse range of bands and has helped expose and popularize artists such as Noel Gallagher's High Flying Birds, Atlas Genius, Dev, Eminem, Rollins Band, Nine Inch Nails, Kanye West, Jane's Addiction, The Smashing Pumpkins, Muse, Kid Cudi, Imagine Dragons, Babes in Toyland, Beastie Boys, Kings of Leon, Foster The People, Coldplay, Stone Temple Pilots, Depeche Mode, Foo Fighters, Red Hot Chili Peppers, Ministry, Pearl Jam, The Cure, Of Monsters and Men, Thirty Seconds to Mars, The Killers, The National, Rage Against the Machine, Arcade Fire, Franz Ferdinand, X Japan, Audioslave, Soundgarden, Siouxsie and the Banshees, Cage the Elephant, Alice in Chains, Björk, Lorde, MGMT, Tool, The Black Keys, deadmau5, Hole, Body Count, Ice-T, Queens of the Stone Age, The Drums, The Strokes, Arctic Monkeys, Calvin Harris, Thenewno2, Fishbone, Lady Gaga, Lucius, Betty Who, Butthole Surfers, Grouplove, Haley Reinhart, and Scramble Campbell.

Lollapalooza (Adams)

Lollapalooza is a short piece composed by American minimalist composer John Adams in 1995. The piece is based on the rhythm of the word 'Lollapalooza'. It was composed as a fortieth birthday present to the British conductor Simon Rattle, with whom Adams has worked in the past.

It was first performed November 10, 1995 by the City of Birmingham Symphony Orchestra under conductor Simon Rattle.

Usage examples of "lollapalooza".

Maynard Keenan had been corresponding, and now the band wanted Bill to introduce them at Lollapalooza in Los Angeles.

This lachrymose lie is a lamentable lollapalooza launched by the lunatic left.

Lounge Lizard Linda--a low-rent lollapalooza living off lesbian love.

She has published short fiction and articles, and has been known to read her poetry at such places as a San Francisco Sex Education benefit, a Lollapalooza Poetry Tent, and a poetry slam or two.