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Jul 13, 2009 MGMT By Kyle Lemmon

It’s official: MGMT and the Flaming Lips will headline the two days of Noise Pop and Another Planet Entertainment‘s third annual Treasure Island Music Festival, to be held in the midst of San Francisco’s beautiful Indian Summer, Oct. 17-18. The Saturday lineup on the man-made, 70-year-old isle, still focuses more on dance and electronic faire, comprises Brooklyn indie-pop kings MGMT, electro house mongers MSTRKRFT, Girl (“I’m Not a DJ”) Talk, dance unit Brazilian Girls, hip-hop legend The Streets, and day glo electro party starter Dan Deacon.

The 13 acts on Sunday’s more indie-rock-centric bill include The Lips, The Decemberists, Beirut, Grizzly Bear, Yo La Tengo, The Walkmen, Edward Sharpe & The Magnetic Zeros, Spiral Stairs, and Bob Mould. Two-day tickets go on sale at noon Tuesday, with a limited quantity of “early bird” tickets being released for $99.99. After that, two-day tickets are $115.00 and a VIP two-pack—which includes parking on the island, preferred viewing area and the chance to kick it with the beautiful people—goes for $249.99. You can see all the details at the TI site or go directly to Ticketmaster. One-day tickets for $65 will go on sale Friday at 10 am. The poster above has the full lineup (some changes may be waiting in the wings) but here it is in text format: