Ben & Jerry's Fest Melts Away

The festival at the site of the original Woodstock festival in Bethel, N.Y., was scheduled for Saturday (Aug. 23) and Sunday.

Blaming "an economic downturn coupled with an unexpected slump in the music industry," the Ben & Jerry's One World One Heart Festival has been canceled. The festival at the site of the original Woodstock festival in Bethel, N.Y., was scheduled for Saturday (Aug. 23) and Sunday and was to feature sets by LeAnn Rimes, Third Eye Blind and Tracy Chapman, among others.

In a statement on its Web site, the ice cream manufacturer explained that Bethel Woods seemed the perfect site to celebrate the company's 25th anniversary and take its annual music festival to the next level.

"Right place. Wrong time," the statement proclaims, saying the economy "forced our hand and the cancellation of this year's One World One Heart Festival." Published reports have pegged advance ticket sales at as low as 1,000.

Those who did purchase tickets to the event will be automatically refunded.