Milestones: Lollapalooza debuted 20 years ago today; watch MTV ‘120 Minutes’ coverage

Twenty years ago today, the Perry Farrell-spawned Lollapalooza festival — which, in retrospect, joins Nevermind as perhaps the best historical encapsulation of ‘the year punk broke’ — made its debut in the sun-baked Arizona desert with performances by Nine Inch Nails, Living Colour, Siouxsie and the Banshees and Jane’s Addiction.