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Home EDM News

Woodstock 50 Loses Its Venue Less Than A Month After Finding Emergency Funding

by Matthew Meadow
June 10, 2019
in EDM News
woodstock

For all the nostalgia that it carries, Woodstock 50 has not had an easy time. After a variety of issues from artists to fan reception to funding, the festival was finally able to secure emergency funding three weeks ago thanks to  the Oppenheimer & Co. brokerage and investment bank.

Now, however, the festival is faced with another issue at least on par with losing its funding: it just lost its venue.

According to a statement released by the venue today, “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.”

Which provisions of the contract isn’t known at this time, but suffice it to say, the festival and founder Michael Lang need another miracle.

This is a developing story…

 

via Consequence of Sound

Tags: cancelledcontractfestivalpulled outwatkins glenWoodstock
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Matthew Meadow

Matthew Meadow

Lover of all bass music. I'm not afraid to speak my mind and put it to paper, and I do it often. I call Los Angeles my home, there's no better place for emerging EDM. Get in touch with me more via email or Twitter.

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