Report: Woodstock 50 releases all artists from contracts

Woodstock logo (Photo: MGN Online)

(WHAM) - Organizers of Woodstock 50 have reportedly released all artists set to perform for the event from their contracts.

According to a report in Billboard, festival organizers emailed talent agents of the artists and informed them they would not be enforcing performance contracts for the event.

The letter also says that artists are still invited to play at the festival but were not legally required to show up.

This comes on the same day that musicians John Fogerty and Jay-Z pulled out of the anniversary event.

Woodstock 50 has faced a series of setbacks in the last few months, including permit denials and the loss of a financial partner and a production company.

The event doesn't have a venue and tickets have yet to go on sale.