UPDATE (4:15 p.m.) The New York State Department of Health tells WENY News the cancellation announcement was not the result of them denying any requests for permits.

In a statement, officials said, “From the beginning planning stages, the New York State Department of Health has worked closely and collaboratively with all parties involved in Woodstock 50 to assure a safe and successful event. Today’s cancellation announcement is not a result of the permit application pending with the Department. The Department was surprised to learn of today’s decision to cancel the event.”

As WENY News reported, Watkins Glen International had applied for a mass gathering permit for the festival on April 15. 

WATKINS GLEN, N.Y. (WENY) – The festival marking the 50 anniversary of the legendary Woodstock festival has been canceled.

That's according to a new report from Rolling Stone.

The tickets for the festival, which was slated to happen at Watkins Glen International, were supposed to go on sale on April 22, but the sales were delayed because of permit issues. The festival was supposed to take place from August 16-18.

However, according to Rolling Stone, one of the festival's main investment arms, Dentsu, announced that Woodstock 50 was no more.

“It’s a dream for agencies to work with iconic brands and to be associated with meaningful movements,” Dentsu said in a statement. “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.”

The company continued, “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.”

According to The Poughkeepsie Journal, Woodstock organizers are denying the cancellation. 

"Woodstock 50 vehemently denies the festival's cancellation and legal remedy will (be) sought," a statement from Woodstock 50 said. 

However, the Poughkeepsie Journal also reports that Schuyler County Administrator Tim O'Hearn said he received notification that the event is being canceled. 

Officials with Watkins Glen International tell WENY News they have no comment at this time. 

WENY News has reached out to Schuyler County officials, as well as Dentsu.