The Aug. 16-19 festival was to have taken place at the Watkins
Glen motor racing venue in upstate New York with a line-up
including Jay-Z and Miley Cyrus.
On Monday, Watkins Glen said in a statement it had "terminated
the site license for Woodstock pursuant to provisions of the
contract. As such, (it) will not be hosting the Woodstock 50
Festival," the site owners said in a statement.
Watkins Glen did not say why it had decided to pull out.
Gregory Peck, one of the organizers of Woodstock 50, said the
team behind the festival was "in discussions with another venue"
to host the event and looked "forward to sharing the new
location when tickets go on sale in the coming weeks."
Woodstock 50 is backed by the co-producer of the original 1969
Woodstock festival, which was billed as "three days of peace and
music" and is regarded as one of the pivotal moments in music
history.
The anniversary festival was thrown into chaos in April after
the lead Japanese investors abruptly pulled out. It has been
plagued with other problems, including obtaining permits and
arranging security and sanitation.
Tickets for the festival, expected to attract about 60,000
people, have not gone on sale.
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Organizers said last month they had obtained new funding and
expressed confidence that the show would go on.
Woodstock 50 announced in March that more than 80 musical acts,
including 1969 festival veterans John Fogerty, Canned Heat and
Santana, would take part. Some 100,000 fans, including campers, were
originally expected to attend, but that number was later reduced to
60,000.
The nonprofit Bethel Woods Center for the Arts, the current owner of
the field where the 1969 Woodstock festival took place, has also
scaled back plans for a three-day anniversary event. It said in
February it will instead host separate concerts by Ringo Starr,
Santana and the Doobie Brothers.
Watkins Glen has a larger crowd capacity and is some 150 miles (240
km) distant from Bethel and about 250 miles (400 km) north of New
York City.
(Reporting by Jill Serjeant; editing by Tom Brown, Cynthia Osterman
and Dan Grebler)
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