An all-star music festival that had been planned to coincide with the 50th anniversary of the original Woodstock Festival has been canceled, Rolling Stone reports.

“Although the all-star lineup — featuring Jay-Z, Miley Cyrus, Dead & Company, the Raconteurs and dozens more, including acts from the original Woodstock fest — was announced in early March, tickets for the festival did not go on sale; a planned Earth Day on-sale in April was postponed due to reported permit issues,” Rolling Stone reports. “However, on Monday, Dentsu, one of the festival’s main investment arm, announced that Woodstock 50, organized in part by Woodstock co-founder Michael Lang, would not proceed.”

Dentsu is quoted saying in a statement: “It’s a dream for agencies to work with iconic brands and to be associated with meaningful movements. We have a strong history of producing experiences that bring people together around common interests and causes which is why we chose to be a part of the Woodstock 50th Anniversary Festival.

“But despite our tremendous investment of time, effort and commitment, we don’t believe the production of the festival can be executed as an event worthy of the Woodstock Brand name while also ensuring the health and safety of the artists, partners and attendees. As a result and after careful consideration, Dentsu Aegis Network’s Amplifi Live, a partner of Woodstock 50, has decided to cancel the festival. As difficult as it is, we believe this is the most prudent decision for all parties involved.”

The report notes that Imagine Dragons, Kacey Musgraves, Run the Jewels, Chance the Rapper, Halsey, John Fogerty, Robert Plant and dozens of other artists had been booked for the event, which was set to take place in Watkins Glen, N.Y., Aug. 16-18.

A separate 50-year anniversary event remains on track for Bethel, N.Y., at the site of the original Woodstock Festival.