Woodstock 50 (maybe) Cancelled
According to Rollingstone and Billboard, Woodstock50's top investor is cancelling the event due to production, permitting and financial issues. A rep from the festival reportedly sought an additional $20 million in funding last week from the industries top promoter agencies in order to save the event, but the request was declined.
With Woodstock50's cancellation, now there will only be one Woodstock memorial event taking place August 16-18 of this year. The original site of Woodstock in 1969, now plays host to the Bethel Woods Center For the Arts which will host their own Woodstock anniversary event. Bethel Woods is set to bring in Santana, Ringo Starr and The Doobie Brothers to headline their show. For more information click on the link below.
**UPDATE** According to Loudwire, Woodstock co-founder Michael Lang isn't done with the festival yet. Since artists have already been paid, he told the NY Times, if another investor backs the festival it can still continue. Stay tuned for updates.