JAY-Z was supposed to be one of the headliners for Woodstock 50, with Run The Jewels, Princess Nokia, Chance The Rapper, Taylor Bennett, Common, and Vince Staples also donning the stages for the golden anniversary of the most famous music festival ever. 

It has just been announced that the event, which was supposed run August 16-18 in Watkins Glen, New York, has been cancelled. 

“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.  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 goes on, "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.”

The festival organizers had been having well-publicized issues with financing and permits, and there were questions if the venue could handle the expected audience of 100,000.