Woodstock Secures New Financial Partner For 50th Anniversary Festival05-22-2019
(hennemusic) Woodstock organizers have secured a new financial partner for the planned 50th anniversary festival this summer in Watkins Glen, NY. Rolling Stone reports New York-based investment bank Oppenheimer & Co. have agreed to provide new financing for the event following its split with original investors Dentsu Aegis that wound up in the states' Supreme Court last week. "We are thrilled to be onboard for this incredible weekend of music and social engagement," says John Tonelli, head of Debt Capital Markets & Syndication at Oppenheimer & Co. "We believe in Woodstock as an important American cultural icon and look forward to its regeneration in the green fields of Watkins Glen this August with all of the artists on the remarkable lineup." "We look forward to putting on an incredible festival," adds promoter Michael Lang. "Words cannot express how appreciative Woodstock 50, the artists, the fans and the community are to Oppenheimer for joining with us to make W50 a reality." With the mid-August event about three months away, reports indicate organizers still have to secure permits necessary for the concert before putting tickets on sale to the public. Read more here. hennemusic is an official news provider for antiMusic.com.
Related Stories
Original Woodstock Attendees Oral Histories WantedTen Years After's Ric Lee Releases Autobiography Stones, Hendrix, Nirvana Lead Greatest Festival Of All Time Special
|
Get To Know... Hippies and Cowboys
Travel News, Trips and Tips: More Road Trip Essentials
Sites and Sounds: Mutants Fest Coming to North Little Rock
Caught In The Act: Judas Priest Rocks Chicagoland
Root 66: New Riders of the Purple Sage- Gene Clark- More
Official Becoming Led Zeppelin Documentary Acquired For Theatrical Release
Head Automatica Returns With First New Song Since 2006
Aerosmith's Steven Tyler Jams 'Mama Kin' With The Black Crowes
Serj Tankian Goes Back to System Of A Down Archives For 'A.F. Day'
Neil Young with Crazy Horse Going Back To 'Early Daze'
The Allman Betts Band Launch King Crawler Tour
Arctic Monkeys' Matt Helders Reacts To Landing On 100 Best Album List
Wage War Deliver 'Tombstone' Visualizer