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Woodstock’s 50th-Anniversary Is Lacking Financial Support

The head investor for the summer celebration “Woodstock 50” music festival denied pushing forward. Dentsu Aegis is a media company that had been financing the event previously. Officials from the company declared Woodstock 50 canceled. However, Woodstock Ventures states that it will be pushing to revive Woodstock.

“Despite our tremendous investment of time, effort and commitment, we don’t believe the production of the festival can be executed as an event worthy of the Woodstock brand name while also ensuring the health and safety of the artists, partners, and attendees. As a result and after careful consideration, Dentsu Aegis Network’s Amplifi Live, a partner of Woodstock 50, has decided to cancel the festival. As difficult as it is, we believe this is the most prudent decision for all parties involved.”

Dentsu Aegis

Michael Lang, longtime Ulster County resident and founder of Woodstock Ventures states that the festival will not be called off.

“Woodstock 50 vehemently denies the festival’s cancellation, and legal remedy will be sought.”

Woodstock Ventures

The New York Times quoted Mr.Lang as saying “Dentsu Aegis does not have the right to unilaterally cancel the festival.” Lang even explained to The Times saying that the announcement caught him off guard.

Behind Michael Lang

Woodstock’s website went unchanged as of 7:10 p.m. Monday. The site continued to include the full lineup of performers. Even a countdown clock to the start of the event. And a “Tickets on sale soon” link, too. There also was no mention of the cancellation report on the festival’s official Facebook page.

Gannett quoted Tim O’Hearn, the administrator of Schuyler County, Tim stated he had received notification that the Watkins Glen event, in his county, was off.

Also, news broke a week after tickets for the festival missed prompt scheduling. Furthermore, the delay indicated speculation that the festival may be trashed.

Billboard Magazine reported Monday that permit problems and slowness in preparation were major problems. The Watkins Glen International Speedway also brought many concerns about the site’s capacity which all led to Dentsu Aegis to pull out.

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Lucas Banda

Lucas Banda is a lover of all things EDM. Making the fast paced industry come to life with words is a real passion that is deeply enjoyed. Also, currently in pursuit of a bachelors degree in mass media at Angelo State University.

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