Woodstock 50 has somehow still been limping along despite all of the issues it has dealt with, and now the festival has been handed two big problems: Losing their venue site and a producing partner.
After netting a court victory earlier this week stating their original financial partner, Dentsu, had no right canceling the festival after pulling their funding, Woodstock 50 has announced they found a new financial partner.
Woodstock 50 organizers netted a big win today with a judge on the Supreme Court of the State of New York ruling that former investors, Dentsu, had no right to cancel the festival.
Woodstock 50 organizer Michael Lang insists the festival will go on as planned despite Dentsu Aegis, its only investor, pulling their funding. However, the event seems to have hit another new snag.
Woodstock 50 has been on a long, strange trip in less than a day after Dentsu Aegis Network, the festival's main investor, announced it pulled its funding and said the festival was canceled.
