A big announcement regarding the 2012 Hangout Music Festival appears to be coming on Friday 3 p.m. CST, as indicated by the ticking clock on the festival’s home page. It will be interesting to see how they follow up the 2011 festival, a resounding success by most accounts I’ve heard that sold in excess of 35,000 tickets and was undoubtedly one of the strongest festival lineups of the year. 2011′s festival was the kind of breakout success that makes the Gulf Coast beach fest a player on the major American festival landscape for the foreseeable future.