Woodstock 50 Loses Its $18.4MM Investment; Downgrades Its Venue to 1/3rd the Original Size

A panel of New York appellate judges has denied an appeal sought by the organizers of Woodstock 50. The organizers hoped to force the restoration of $18.4 million in festival funds promised by Dentsu, the Japanese conglomerate partner who bailed. Dentsu agreed to fund $49 million for the August festival, but pulled out a few […] The post Woodstock 50 Loses Its $18.4MM Investment; Downgrades Its Venue to 1/3rd the Original Size appeared first on Digital Music News.