It appears that the music festival to commemorate the 50th anniversary of Woodstock is in trouble. The tickets for Woodstock 50 were supposed to go on sale on April 22, but they did not. There is as yet no new date for ticket sales, and no ticket price yet. On Monday, the festival's financial backer, Dentsu Aegis Network, announced they had decided the project was not worth it.
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.
However, the festival's organizers said that Dentsu Aegis' statement was premature, and they are committed to the festival in August. A statement from Woodstock 50 LLC said, in part,
We are committed to ensuring that the 50th Anniversary of Woodstock is marked with a festival deserving of its iconic name and place in American history and culture,” Woodstock 50 LLC said in a statement. “Although our financial partner is withdrawing, we will of course be continuing with the planning of the festival and intend to bring on new partners.
But that's all we know for now. Of course, Twitter users had a field day with the news, with many jokes comparing the project with the notorious Fyre Fest. You can see some of that at the Daily Dot.