Denstu will not have to return the $18 million it withdrew from a bank account it shared with Woodstock 50, a New York Supreme Court justice ruled Wednesday (May 15). More »
As Woodstock 50 implodes in slow motion with delusional flair, Billboard has a new report on questionable decisions by co-founder Michael Lang that appear to have led to the current situation. To recount: the festival’s primary investor Dentsu and production company Superfly have both pulled out, and Lang, who maintains Woodstock … More »
The build up to Woodstock’s 50th-anniversary, commemorative festival has been a tumultuous one to say the least. But original Woodstock co-founder, Michael Lang, maintains the festival will go on as planned, sans funding from core initial investors at Dentsu Aegis Network (Amplifi Live).
It’s safe to say the two entities did not part amicably. Lang apparently went as far as to pen a five-page letter accusing Dentsu of “illegally sweeping” approximately $17 million from the festival bank accounts, according to reports from Pitchfork. The letter goes on to allege that Dentsu has employed various means of sabotaging Woodstock 50’s chances of survival following the media group’s departure, including indirectly obstructing ticket sales and urging both vendors and performers to sever ties with the festival.
“We also have evidence that Dentsu representatives have gone so far as to say that should the talent back out of Woodstock, they would be seen favorably by Dentsu and that this could result in their performing the 2020 Summer Olympics in Tokyo, where Dentsu is a major organizer,” Lang purportedly wrote.
Lang is now fervently searching to secure new funding, $30 million by Friday, to be precise, for the New York-held, August 16-18 affair to stay afloat, according to Billboard‘s reports from conversations with a spokesperson on Lang’s behalf. However, from whom Woodstock 50 will obtain its do-or-die backing is quite unclear.
Last week, it seemed help would come on the backs of New York-based event outfit, Superfly, after an announcement from Lang; though the event brand promptly issued a statement offically revoking any further involvement. While the situation seemed it couldn’t possibly grow more dizzying, the aforementioned Lang spokesperson also reported to Billboard that Dan Berkowitz and CID Entertainment, another festival/event production outlet, would step in to replace Superfly.
No one on behalf of CID has confirmed or denied their backing of Woodstock 50 as of yet. Though it doesn’t seem the festival in question has much of a sliver of opportunity should they dispel rumors of their involvement. The only truth to discern as of now from the road to Woodstock 50 is that the festival is already paved with precariousness, which is an unfortunate outcome for what once held the potential to be one of the best festivals of 2019.
After doubling down on Woodstock 50 and doing a media blitz with half-a-dozen publications, Woodstock co-founder Michael Lang now has until Friday to raise the money needed to produce the anniversary festival in upstate New York, sources tell Billboard. More »
On Monday, it was announced that Woodstock 50 was cancelled. In a statement released by the Dentsu Aegis Network — a financial backer of the festival — they said that they didn’t “believe the production of the festival can be executed as an event worthy of the Woodstock Brand name.” … More »
It’s been nearly 50 years since hundreds of thousands of people flocked to Bethel, New York for the seminal Woodstock Music and Art Fair. A lineup of music icons like Jimi Hendrix, The Who, Crosby, Stills, Nash & Young, Janis Joplin, and countless others drew more than 400,000 people to a 600-acre dairy farm in the Catskill Mountains for four days of festivities in August 1969.
2019 will mark 50 years since this pivotal moment in music history, and the event’s original founders and promoters are rumored to have something incredible in the works to mark the occasion: an anniversary festival. Michael Lang, one of the co-creators of Woodstock, recently told the Poughkeepsie Journal that “we have definite plans.” He didn’t expand to include who would be performing or where the event would be taking place, noting that “this is not a done deal yet. But it’s very close.”
He also added that the anniversary festival will be focused on sustainability, activism, and social justice — themes that “hopefully encourage people to get involved with our lives on the planet.”
An official announcement will be coming soon, Lang said.
H/T: Poughkeepsie Journal