Fyre Fest: The Sequel.
If you haven’t been following the Woodstock 50 drama over the last month or two, here’s a quick breakdown: ticket sales were being postponed, The Black Keys decided not to perform, Dentsu (Woodstock 50’s main investor) backed out and announced the festival would not be happening, organizers fought back and claimed Dentsu can’t cancel the event, and both parties went to court.
Whew. Is that everything?
Recently, the Judge dealing with this case declared the festival can still go on, since Dentsu doesn’t have the right to cancel it, but they don’t have to return the $17.8 million dollars they withdrew from the festival’s shared bank account.
Now Michael Lang, Woodstock 50’s main promoter, is racing against the clock to find a new investor before the festival happens in August. The artists have already been paid and Lang was trying to raise $30 million last week to help save the fest.
Lang said in a statement, “I would like to thank all of the talent and representatives for their patience and support. Woodstock 50 will be an amazing and inspiring festival experience.”
The Killers, Cage the Elephant, Halsey, Imagine Dragons, Miley Cyrus, Jay-Z, and many more are slated to perform at Woodstock 50. Here’s hoping it all comes together.