Woodstock 50 festival: Watkins Glen terminates site license

WATKINS GLEN, N.Y. (AP) The fate of the Woodstock 50 festival is further in doubt after Watkins Glen International announced it's not hosting the anniversary event.

Watkins Glen issued a two-sentence statement Monday saying it had terminated the site license for the festival "pursuant to provisions of the contract."

A representative of the festival says a comment will be issued soon.

The festival scheduled Aug. 16-18 has faced a series of issues since a falling-out with backer Amplifi Live in April. Woodstock co-founder and 50th anniversary festival organizer Michael Lang filed a lawsuit against the investor.

The festival announced last month that investment bank Oppenheimer & Co. had signed on as a financial adviser to pull money together.

The tentative lineup includes Jay-Z, Santana, Miley Cyrus, John Fogerty, Dead & Company and Imagine Dragons.

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