VIDEO : Major Investor Pulls Out Woodstock 50

On Monday the planned three-day concert marking the 50th anniversary of the Woodstock music festival was thrown into doubt after the lead investors said they had canceled the event but organizers said they had no right to do so. Woodstock 50 was due to take place Aug. 16-18 at the Watkins Glen motor racing venue in upstate New York with a lineup that included rapper Jay-Z, singer Miley Cyrus and rockers the Killers.