Woodstock Festival - CMU | the music business explained (Page 2)

And Finally • 3 min read

With a new venue pending, Woodstock 50 could be about to lose its line-up, but Michael Lang remains optimistic that it'll all come together

Woodstock 50 is seeking a new venue and may face artist withdrawals, though organiser Michael Lang remains optimistic and says he is not planning for cancellation.…

Andy Malt • 27 Jun 2019

Business News • 2 min read

Woodstock 50 fails to claim back withdrawn funding

An appeals court has ruled that Dentsu can take back the $18.5 million it had put into the Woodstock 50 account after withdrawing as financial backer.…

Chris Cooke • 24 Jun 2019

Business News • 1 min read

Woodstock 50 venue cancelled over missed payment deadline

Watkins Glen International has cancelled hosting Woodstock 50 after the festival missed a $150,000 payment, according to a court filing by Dentsu.…

Chris Cooke • 14 Jun 2019

And Finally • 3 min read

Woodstock 50 loses venue

Watkins Glen International has terminated its contract to host Woodstock 50, which says it is in talks with another venue, while legal disputes over funding continue.…

Andy Malt • 11 Jun 2019

Business News • 2 min read

Woodstock 50's ex-backer told to put disputed monies in escrow

A New York appeals court has ordered Dentsu to place disputed Woodstock 50 funds into an escrow account pending further consideration.…

Chris Cooke • 23 May 2019

Business News • 3 min read

Woodstock announces new banker alliance, hopes to put tickets on sale soon

Woodstock 50 has allied with Oppenheimer & Co to find remaining finance for its August festival, after a court ruled Dentsu could not cancel it.…

Chris Cooke • 20 May 2019

Digital services and platforms news • 1 min read

Setlist: PledgeMusic, song royalties, Woodstock

This week's Setlist podcast discusses the collapse of PledgeMusic, songwriters missing digital royalties and Woodstock 50's financial troubles.…

Andy Malt • 20 May 2019

BandLab Technologies • 2 min read

CMU Digest 20.05.19: NME, Woodstock, Canadian copyright, Beatport, Borderline

This week's digest covers BandLab's purchase of NME and Uncut, the Woodstock 50 court rulings, Canadian copyright recommendations, Beatport's DJ streaming beta and Borderline's closure.…

Chris Cooke • 20 May 2019

Business News • 4 min read

Woodstock's financial backers can't cancel the event, court rules

A New York court ruled that Woodstock's financial backer Dentsu cannot cancel the 50th anniversary festival, though it need not return $18 million to the bank account.…

Chris Cooke • 16 May 2019

Business News • 1 min read

Woodstock company sues its former financial backer

The company behind Woodstock 50 has sued its former financial backer Amplifi Live, which had announced the festival's cancellation, in New York courts.…

Chris Cooke • 13 May 2019

Business News • 1 min read

Woodstock 50 has until this Friday to secure new financial backing

Woodstock 50 reportedly needs to raise $30 million by Friday to keep the August festival afloat after Dentsu withdrew its backing.…

Andy Malt • 07 May 2019

Business News • 1 min read

Woodstock 50 will still go ahead insist organisers, but artists say their contracts are void

Woodstock co-founder Michael Lang insists the 50th anniversary festival will go ahead after Dentsu's cancellation, but booking agents say artist contracts are void.…

Andy Malt • 02 May 2019