Original Woodstock co-founder Michael Lang is celebrating the festivals' 50th anniversary with another multi day event in Watkins Glen, NY - Woodstock 50. There has recently been some speculation as to the fesival's legitimacy ... due to the fact that it is a first year event, being put on by an independant promoter (Lang himself) and he isn't working with a big time producer like AEG or Live Nation ... and after what happened with Fyre Fest - people's specualtions are warrented ...
But - an article in Billboard magazine concerning the festivals financial backing has confirmed that The Killers, Chance the Rapper, Imagine Dragons, Dead and Company and Santana have all been confirmed to perform in Watkins Glenn. The confirmation was made becuase the bands have already been paid in full.
From the article:
Because the event is not being put on by a major promoter like Live Nation or AEG, most major agencies consider it to be riskier than events like Coachella and Bonnaroo, and required Lang and Densu to pay 100 percent of the artist payments upfront before the lineup was announced. While reps for some of the major headliners tell Billboard they were paid in full weeks ago, other artists had not been paid by last Friday, raising red flags with major agencies who expected the lineup to be announced in February and are now seeing it pushed into March.
On Monday (March 4), following reports that the event was having financial issues, representatives for Woodstock confirmed that organizers had wired several million dollars to several major talent agencies representing acts playing Woodstock 50, and one agency boss confirmed to Billboard that, as of Monday evening, their artists had all been paid in full. A source also confirmed to Billboard that festival organizer Superfly, which is handling the logistics of the massive camping festival, had also received full payment.
“There’s always been lots of rumors around Woodstock,” Lang said in a statement to Billboard. “We have excellent partners and an incredible talent lineup of over 80 artists which will be announced within the next couple of weeks. We’re preparing a once in a lifetime event.”
Now we just wait for the rest of the lineup
The Killers - Mr. Brightside (Official Music Video)