Desert Trip has sold-out in just three hours..

Sir Mick Jagger

Sir Mick Jagger

The mega festival has a phenomenal line-up comprised of The Rolling Stones, Bob Dylan, Sir Paul McCartney, Neil Young, Roger Waters and The Who and all tickets for both weekends have been snapped up by music lovers.

Promoters Goldenvoice and AEG have sold an impressive 70,000 three-day tickets for each of the festival's two weekends in October - totalling 140,000 tickets.

The festival will take place after sunset at Indio, California's Empire Polo Club from October 7 until October 9 and the following weekend from October 16 until October 18. It has been put together by the organisers behind Coachella at the same site where that festival is held.

The Rolling Stones - fronted by Sir Mick Jagger - and Dylan and His Band will share one night, McCartney and Young another, while former Pink Floyd star Roger Waters and The Who split the third.

Billboard estimates the gross revenues from ticket sales at $150 million meaning revenues would dwarf the $84.26 million made by Coachella over two weekends, making Desert Trip the highest-grossing event in music history.

Speaking previously about the once-in-a-lifetime festival, The Who singer Roger Daltrey felt it was an event that signalled the end of an era.

The 'My Generation' rocker said: "We have to face it, we are (at) the end of an era. We're the last of our generation. You can see from reading the obituaries lately that we [rock stars] don't make old bones very well, do we?

"I just hope a lot of normal fans can get tickets before they get snatched up."