In a joint venture between Jay Z and Budweiser, a festival is set to take place on 1st and 2nd September 2012.
The event, named Budweiser Made in America Music Festival, will be held in Fairmount Park - Philadelphia.
No acts have been confirmed as of yet but it has already been suggested that Jay, Kanye and Beyonce are all set to appear. Moreover, Philly icons - The Roots are expected to play some part in the festivities.
Jay has also informed the press that he will ask President Obama to appear - not a bad headliner.