Woodstock 50 is Back On Track With a New Financial Backer

Woodstock 50 is back on track after a legal victory helped it find a new partner and pump life back into the festival.

Oppenheimer & Co. has signed on to secure funding for the festival.  "We will gain financing from our clients and funds in the company." says an Oppenheimer source.

The news comes on the heels of a legal victory for W50 in which a judge put the brakes on Dentsu -- the previous financial backer -- attempting to cancel the event. A judge tentatively ruled Dentsu did not have authority to cancel the event. 

The organizer, Michael Lang says ... "We look forward to putting on an incredible festival" and adds that he's incredibly appreciative of Oppenheimer for "joining with us to make W50 a reality."

Tickets are not on sale yet,  BUT there is still plenty of time as the festival is scheduled for mid-August.