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Reports: Guns N' Roses to reunite for Coachella

Guns N' Roses celebrates their Michael Jackson Video Vanguard Award for "November Rain" at the MTV Video Music Awards show in September 1992. (L-R) Duff McKagan, Gilby Clarke, Axl Rose, Slash, Dizzy Reed, and Matt Sorum. Bob Pittman, co-founder of MTV, said of bands like Duran Duran, "Before MTV, chances are you didn't know what (they) looked like because they were at Madison Square Garden they were little ants down on stage." MTV turns 30
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Guns N' Roses fans have been waiting for this moment since 1993: The band's original members, including Axl Rose and Slash, are reportedly reuniting to headline the Coachella Music & Arts Festival in April.

Billboard reports that the original members of Guns N' Roses are also hoping to play as many as 25 football stadiums in summer 2016. The band is allegedly asking for as much as $3 million per show, with tickets costing up to $250 to $275.

Guitarist Slash told CBS This Morning in May that he would be open to a reunion. He said at the time, "If everybody wanted to do it and do it for the right reasons, you know, I think the fans would love it. I think it might be fun at some point to try and do that."

He also said that he did not have any more bad blood with Axl Rose; Slash left Guns N' Roses in 1996 because of a feud with the singer.

"[Rose and I] haven't really talked in a long time. But a lot of the tension that you were talking about has dissipated," he said. "We don't have all those issues anymore. There's not a lot of controversy. It's something that's more perpetuated by the media than anything."

Slash and Axl Rose haven't played a concert together since July 17, 1993, when they performed at River Plate Stadium in Buenos Aires. Axl Rose is the only original Guns N' Roses member who has performed recently with the band.

The band has kept mum on social media, but Axl Rose is to address the reunion next week on "Jimmy Kimmel Live," according to Rolling Stone.

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    Andrea is an entertainment producer at CBSNews.com