Lollapallooza II -- The summer festival returns with Ministry, Jesus and Mary Chain and Soundgarden asking to be a part

If movies can have sequels, why not concert tours? The Red Hot Chili Peppers and Ice Cube have been confirmed as the headliners of Lollapalooza II, the follow-up to last summer’s traveling alternative-music festival. The first Lollapalooza, featuring Jane’s Addiction, Living Colour, Ice-T, and others, drew 430,000 fans and grossed nearly $10 million, becoming one of the only big noises during a lackluster summer.

Looking to be part of the postmodern gravy train, 50 bands have either asked to join or have been invited to Lollapalooza II, including the Jesus and Mary Chain, Soundgarden, Ministry, and Social Distortion. ”Last October, people started calling us,” says Don Muller, talent agent of Triad Artists, who is organizing the tour with former Jane’s Addiction singer Perry Farrell. The list will be whittled down for the July 18-Aug. 30 tour.

Still, some insiders question the viability of a sequel. ”The first Lollapalooza was a good package, but who knows this year?” says one concert- industry source. ”There will be a lot of heavyweights on tour this summer, like Genesis and U2. Lollapalooza might have a harder time.”