Coachella 2020 Postponed Six Months over COVID-19 Concerns

According to a contributor for New York magazine, Coachella 2020 will be postponed for six months amid fears of the Wuhan Coronavirus.
The festival will reportedly move to the weekends of October 9th and 16th, with the same lineup planned as before.
Is it a good idea to move any major concert festival as COVID-19 cases grow in the U.S.?