Woodstock 50 is proving to be as chaotic as the original festival held in 1969. A financial investor in the festival announced Monday it was pulling its funding from the anniversary event, set to take place Aug. 16-18 in Watkins Glen, New York. "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," Dentsu Aegis Network's Amplifi Live said in a statement. Representatives for Woodstock 50 or Michael Lang, who co-founded the festival, didn't immediately reply to emails Monday seeking comment, reports the AP.
The anniversary event has had some bumps in the road in the last few weeks. Tickets were originally supposed to go on sale last week, but that was postponed to a date TBD. And some of the performers leaked to the press ahead of its announcement. Jay-Z, Dead & Company, and the Killers were announced as headliners at the event, to take place about 115 miles northwest of the original site. More than 80 artists, including John Fogerty, Miley Cyrus, Santana, Imagine Dragons, Chance the Rapper, and Janelle Monae, are expected to perform on three main stages at Watkins Glen International racetrack in the Finger Lakes for Woodstock 50. The event is separate from an anniversary concert with performances by Ringo Starr, Fogerty and Santana planned at the site of the original festival in 1969.
(Read more Woodstock