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A few hours after 50 Woodstock investors announced their support for the festival, the organizers confirmed their "commitment" to continue this high-profile event.
"We are determined to ensure that the 50th anniversary of Woodstock is marked by a festival that deserves its iconic name and place in American history and culture," said Woodstock 50 LLC in a statement. "Although our financial partner is withdrawing, we will of course continue to plan the festival and intend to call on new partners. We would like to thank New York State and Schuyler County for their hard work and support. In the end, there will be a 50th anniversary festival in Woodstock, as it should, and it will be an explosion. "
After announcing that the Woodstock 50 – organized in part by Woodstock co-founder Michael Lang – would not commit. "It's a dream for agencies to work with iconic brands and to be associated with meaningful moves," the company said in a statement released Monday afternoon. "We have a long tradition of producing experiences that bring people together around common causes and interests, which is why we chose to be part of the Woodstock 50th Anniversary Festival."
The festival has faced other problems in recent months. While its lineup of stars – including Jay-Z, Miley Cyrus, Dead & Company, Raconteurs, Chance the Rapper and Run the Jewels, among others – was announced in early March, the tickets were not on sale; In addition, the sale planned for Earth Day has been postponed due to reported permit issues.
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