Lollapalooza’s promoters are declining to comment and the band’s publicists will neither confirm nor deny the story, but the online edition of another Chicago newspaper is reporting with great fanfare that Radiohead will headline the fourth incarnation of the destination festival on Aug. 1-3.

The British art-rockers last performed at Hutchinson Field in Grant Park in 2001 at a memorable concert booked by local promoters Jam Productions, who were expected to bring the band back to Chicago on its summer tour.

Lollapalooza is booked by rival promoters C3 Presents. If the Austin, TX-based company has indeed nabbed Radiohead for Lollapalooza, it is the third blow C3 has struck against Chicago concert promoters in the last few weeks.

Earlier this week, C3 announced that it has closed a deal to exclusively book the 4,200-seat Congress Theater, which had been an increasingly popular venue for the Chicago office of national concert giants Live Nation. And last month, C3 and venue managers SMG were chosen by the Park District to book more music and other entertainment events at Soldier Field, defeating a similar bid by Live Nation for control of that venue.

According to chatter on Internet message boards, a limited number of early-bird tickets for Lollapalooza were sold at the bargain price of $60 for a three-day pass on Friday morning, but exact details were not forthcoming.

Brittany Pearce, a publicist for Lollapalooza and C3 Presents, said only, "We can neither confirm or deny any of the lineup rumors. Presale sold out in approximately 20 minutes."