The tour was curated by the Jesus and Mary Chain's vocalist Jim Reid, who "wanted to break the routine" of performing in small, frequently played venues—such as Nottingham 's Rock City—and "cater to all strands of independent rock music". Reid was inspired by, and considered the Rollercoaster Tour a British equivalent to, the North American festival Lollapalooza, which the Jesus and Mary Chain performed at in 1991 and which he considered "fairly disastrous". Each band performed a 45-minute set with no encore and the line-up changed each night of the tour, although the Jesus and Mary Chain performed as the final act on all 11 dates.
My Bloody Valentine ceased live performances in the UK after the tour and did not play again until their 2008 reunion tour. The band's set, which ended with a noise section of their song "You Made Me Realise" referred to as the "holocaust section", reportedly caused attendees' pint glasses to fall out of their hands due to excessive sound pressure levels. Reflecting on the tour, Jim Reid referred to it as "a lot [like a] competition—who could be the loudest? Whose was the best film show? And then there was, who could be most off their tits and still play a show?" The Rollercoaster EP, containing material from Blur, My Bloody Valentine, Dinosaur Jr. and the Jesus and Mary Chain, was issued in Melody Maker in March 1992 to promote the tour.