Woodstock 50, the highly anticipated festival organized to commemorate the 50th anniversary of the famous 1969 Woodstock music festival — has finally been canceled. Originally planned to take place in Watkins Glen, New York, and feature world-renowned artists, Woodstock 50 is no longer on life support, as organizers have thrown in the towel in the wake of a myriad of setbacks.

The festival hit a major snag back in April when it lost the New York venue, the main investor pulled funding, and artists like Jay-Z, Miley Cyrus, Santana, and others all backed out. Although festival organizers found new investors, and relocated the event to Maryland, it wasn’t enough. Too many production milestones have been missed to make the project tenable — specifically targets for ticket sales — and the festival has finally been canceled for good.

In a statement on Wednesday, the Woodstock organizers said, “Woodstock 50 today announced that the three-day festival to celebrate its 50th anniversary has been cancelled. We are saddened that a series of unforeseen setbacks has made it impossible to put on the festival we imagined with the great line-up we had booked and the social engagement we were anticipating.”

This article was updated on August 1, 2019.