Woodstock 50 is officially dead.

After months of uncertainty, which saw organizers battling a former investor in court, losing two potential venues in upstate New York, and attempting a last-ditch move to an amphitheater in Maryland, the planned 50th anniversary concert was finally called off on Wednesday.

“We just ran out of time,” Michael Lang, one of the partners behind Woodstock 50, as well as the promoter of the original festival in 1969, said in an interview. The event was to have been held Aug. 16-18, almost exactly 50 years after the original.

Once planned as a world-class outdoor concert for up to 150,000 people, featuring Jay-Z, Miley Cyrus, the Killers, Dead and Company, Santana, John Fogerty and dozens of others, the festival met an ignominious end after the majority of its artists abandoned the event once Lang and his partners tried in recent days to move it to Merriweather Post Pavilion in Columbia, Md.

Merriweather, which could hold about 30,000 people for a festival, would have represented a drastically lower profile for the event, which had been planned for the grounds around a racetrack in Watkins Glen, N.Y. In addition, the new location may have had practical complications for many artists, through so-called radius clauses — a requirement in many touring contracts that restrict artists from appearing too close to other stops on their tour.