As fans prepare to experience the nostalgia-ridden Woodstock 50 this August, to commemorate the 50th anniversary of the 1969 event, festival organizer Michael Lang has revealed the official ticket price.

A ticket to Woodstock 50 will cost dramatically more than it did back in 1969; Lang told Bloomberg that tickets will be $450, which is likely for a three-day pass, since he noted earlier this month that single-day passes to the festival will not be for sale. Music junkies are pretty perplexed by the expensive ticket, since a ticket to the original festival cost at a mere $6.50 per day, pricing three-day passes at $18.

Back in 1969, this was still a decent amount of money, except most of the crowd ended up getting into Bethel Woods for free after an overwhelming amount of people flooded the scene, bringing in 400,000 attendees. With inflation, the $18 passes back then would equate to about $120 today, however, the $450 ticket is pretty comparable to other top-notch modern day festivals. Coachella, the largest festival in the U.S., offers three-day passes for $429, followed by Bonnaroo at $279 and Lollapalooza at $335.

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Since the festival was announced earlier this year, organizers have delayed the lineup twice until March, and the headlining indie-rock band The Black Keys have already dropped out, citing a “scheduling conflict.” Then, tickets were scheduled to go on sale on this past Monday in honor of Earth Day, but were delayed as organizers seek a mass gathering permit from the New York State Department of Health. Tim O’Hearn, the administrator of Schuyler County, said tickets can not go on sale until this is approved.

While Lang originally said that a crowd of six figures was expected, the permit submitted last week notes that this number has dropped to 75,000. The delays have led rumors to spread about the cancellation of the festival, but Lang quickly put these to rest, noting that “Woodstock is a phenomenon that for 50 years has drawn attention to its principles and also the rumors that can be attached to that attention.”

Woodstock 50 was originally set to compete with the Live Nation-produced event at Bethel Woods Center for the Arts, a venue built on the original Woodstock site. Dubbed the Bethel Woods Music and Culture Festival, the festival was set to take place from August 16 to 18, the same weekend as Lang’s Woodstock 50, and bring in a crowd of around 30,000. However, Lang told Bloomberg he sent organizers a cease-and-desist letter, blaming Live Nation for presenting a rival event. Bethel Woods will now focus on “A Season of Song and Celebration” throughout the summer, and will still hold concerts during the same weekend in August from legendary acts Santana, John Fogerty, and Ringo Starr.

Lang’s event will also feature performances from Santana and Fogerty, as well as Halsey, Imagine Dragons, Jay-Z, Miley Cyrus, The Killers, Chance the Rapper, and Janelle Monae.

Tickets have not been announced yet. To stay updated, visit Woodstock.com.

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