Woodstock 50 Has Been Canceled

The show won’t go on.

After widespread rumors, Woodstock 50 has officially been canceled due to production concerns over the capacity of the festival, including site readiness and permitting issues.

Dentsu Aegis Network, the festival’s main investor, confirmed the cancelation in a statement to Billboard.

“It’s a dream for agencies to work with iconic brands and to be associated with meaningful movements. We have a strong history of producing experiences that bring people together around common interests and causes which is why we chose to be a part of the Woodstock 50th Anniversary Festival,” said the company. “But despite our tremendous investment of time, effort and commitment, we don’t believe the production of the festival can be executed as an event worthy of the Woodstock Brand name while also ensuring the health and safety of the artists, partners and attendees.”

The statement continues, “As a result and after careful consideration, Dentsu Aegis Network’s Amplifi Live, a partner of Woodstock 50, has decided to cancel the festival. As difficult as it is, we believe this is the most prudent decision for all parties involved.”

There had been whispers that the festival was encountering problems after tickets didn’t go on sale last week. Woodstock 50, commemorating the 50th anniversary of the groundbreaking festival, was set to take place Aug. 16-18 in Watkins Glen, New York, about 115 miles northwest of the original festival in 1969.

JAY-Z, Chance the Rapper, The Killers, Santana, and Dead & Company were among the performers, while the diverse lineup also included Miley Cyrus, Janelle Monáe, Halsey, Common, and Vince Staples.

Last week, a representative for the festival reportedly reached out to Live Nation and AEG to field a $20 million investment to save the fest, but the concert promoters passed on the opportunity.