His holiday compilation album is out November 6.
The festival returns next year for its 25th edition at Parc del Fòrum, running June 3 to 5.
The techno genre pioneer was set to perform a set in Mexico City.
At the time of writing, Raye is the only composer credited on the film.
Originally released on October 23, 2006, The Black Parade initially peaked at number 2, marking it as the band's highest-charting album. The 20-year journey to the number one spot is the longest ever for an album.
The halftime performance will come at the end of the group's global farewell tour, Wu-Tang Forever: The Final Chamber, and on the heels of the group being inducted into the Rock & Roll Hall of Fame on November 14th.
In Way's between-song banter, the frontman straightforwardly told the crowd, "Next year we want to go make a record."
On the frontman's SiriusXM show, he said, "We have seen them live. We wanted to get them on tour. They said no; they're doing good on their own already."
Following the release of 'Lavender Networks' earlier this year.
A Ticketmaster map of unsold tickets.