[UPDATE 3/11/20]: Goldenvoice, the organizer for both Coachella Valley Musc and Arts Festival and Stagecoach Music Festival, has confirmed that both events have been postponed due to COVID-19 (coronavirus). Weekend one of Coachella will now take place on October 9th–11th with weekend two on October 16th-18th. Stagecoach has been moved to October 23rd–25th.

In a Twitter post on Tuesday, Goldenvoice noted that all festival tickets will be honored when the festivals take place later this year. The statement did not comment on how much of the original lineups will be retained when the festivals move to October.

Read the full statement below:

[Originally published Monday, 3/9/20] According to numerous reports, Coachella Valley Music and Arts Festival and Stagecoach Music Festival are both eyeing a move from April to October in hopes of avoiding the ongoing COVID-19 (coronavirus) outbreak. The two-weekend Coachella Festival is currently scheduled to take place from April 10th–12th and April 17th–19th in Indio, California, with each weekend featuring the same artist lineup. Stagecoach Music Festival is scheduled to take place the following weekend, from April 24th–26th.

A report by Variety cites “multiple sources” in noting that “both weekends of the Coachella Festival as well as the Stagecoach Music Festival that follows have been postponed due to concerns over the coronavirus outbreak. Goldenvoice is informing agents currently and deducing who is available on consecutive weekends in October—starting with Oct. 9.”

Related: Pearl Jam Postpones Upcoming Tour Due To Coronavirus

Rolling Stone also cites “multiple sources” in noting that “Several artist managers have been in talks with Goldenvoice for the last week discussing postponement of the festival” and that “the cancelation of SXSW and the recent outbreak of cases in California’s Riverside County ‘really changed everyone’s tune.’ Another source said Coachella ‘confirmed’ postponement with their agency on Monday night, but did not provide further details. A third source close to the situation said the talks are ongoing and not finalized yet.”

Billboard adds, “Fearing that Riverside County officials will have to pull the 20-year-old event’s permit to bring 250,000 fans over two weekends to Indio, California, conversations with city officials and talent agents began late Sunday as the hope for staging the festival in April began to diminish. Earlier Monday (March 9) three more cases of coronavirus were confirmed in Riverside County where the festival takes place.

Coachella/Stagecoach organizer Goldenvoice has yet to officially comment on the reports, though an official announcement is expected to come as early as Tuesday morning.

Coachella and Stagecoach would be the latest in a slew of events to be canceled and postponed due to the coronavirus outbreak including South By SouthwestTomorrowland Winter (France), Pearl Jam‘s North American tour, and Miami’s Ultra Music Festival.

This story is developing.