Woodstock 50 music festival is currently facing a challenging situation as Watkins Glen International, a race-track in upstate New York which was supposed to host the event, has pulled out.
A statement released by the venue on Monday said: “Watkins Glen International terminated the site license for Woodstock pursuant to provisions of the contract. As such, WGI will not be hosting the Woodstock 50 Festival.”
Later that same day, Gregory Peck, a principal organizer of the concert said: “We are in discussions with another venue to host Woodstock 50 on August 16th_18th and look forward to sharing the new location when tickets go on sale in the coming weeks.”
Woodstock 50 is supposed to be a celebration for the 50th anniversary of the iconic concert held in 1969 which was attended by nearly 400 thousand people. Music magazine Rolling Stone considers the concert as one of the 50 events which changed the history of Rock&Roll.
This hasn’t been the first piece of bad news for the event organizers. Back in April, financial investor Dentsu and their subsidiary Amplifi Live declared that the show would be cancelled and that the almost $18 million invested in the project would be pulled out.
This led to a long dispute between the former investor and the co-organizer of the concert Michael Lang who filed the case stating that the investors did not have the jurisdiction to cancel the entire event.
The ruling came to the decision that Dentsu and Amplifi Live couldn’t cancel the event but keep the money invested, thus shortening the budget of the concert.
Tickets for the event, originally set to take place in August, have not gone on sale yet. The organisers are reportedly in talks with a new potential venue.
If everything goes according to the original plan and a solution is found, a lineup of famous pop stars like Jay-Z, Miley Cyrus, Halsey and Imagine Dragons will make the crowd dream.