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A phone message left for Festival Network was not returned Thursday. But the company still lists the Newport festivals on its Web site and has previously indicated that it plans to be involved in producing shows in Rhode Island this summer. Wein is proceeding without the festivals' longtime sponsor, the JVC electronics company, which he said pulled out after running into financial troubles. He is bankrolling the concerts and expects to spend hundreds of thousands of dollars on them. "I've been spoiled all my life," Wein said. "Sponsors have come to me. Now I just hope they'll come again. They have to feel that what you're doing has some significance and has some meaning." Wein said he doesn't know what effect the economy will have on the events, but he promises that the quality won't suffer. "I have to put on my festival. It has to be a quality event," he said. "It has to take care of the crowd."
[Associated
Press;
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