Who knows Coachella? Wikipedia does, it is a music and art festival in Indio in California, which happens yearly since 1999. The music is a mix of electro, hip hop and indie rock accompanied by art installations and performances. Further information is available at the Coachella homepage, where you get the time of the beginning as well. Here is the YouTube channel of the three days festival: Coachella Channel on YouTube.
And this weekend another great event is streamed live on YouTube. PSY, the maker of Gangnam Style, a music video reaching for the first time one billion streams, is introducing his new single called „Gentleman“ live and during a concert on YouTube as well. To get your time visit the official YouTube blog post about this event and here is the official PSY channel on YouTube.