After weeks of nervous speculation, it's official: The Coachella Valley Music and Arts Festival is postponed due to the growing threat of coronavirus.

Concert promoter Goldenvoice announced that the annual concert, held at the Empire Polo Club in Indio, now will take place on the weekends of Oct. 9 and 16. It was originally scheduled to begin on April 10.

Goldenvoice also announced that the country music festival Stagecoach, scheduled for April 24-26 on those same Empire polo grounds, will be postponed until Oct. 23-25.

`At the direction of the County of Riverside and local health authorities,` Goldenvoice's statement read, `we must sadly confirm the rescheduling of Coachella and Stagecoach due to COVID-19 concerns. While this decision comes at a time of universal uncertainty, we take the safety and health of our guests, staff and community very seriously. We urge everyone to follow the guidelines and protocols put forth by public health officials.

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#Coachella is now postponed until October. The official statement and new dates are at the link in our bio. ⁠ 📸: @gettyentertainment

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Coachella will now take place on Oct. 9, 10 and 11 and Oct. 16, 17 and 18, 2020. Stagecoach will take place on Oct. 23, 24 and 25, 2020. All purchases for the April dates will be honored for the rescheduled October dates. Purchasers will be notified by Friday, March 13, on how to obtain a refund if they are unable to attend.