CBGB Music Festival & Conference Coming to NYC
UNITED STATES - JANUARY 01: Photo of CBGBs and Hilly KRYSTAL and CBGB's; Hilly Krystal standing outside (Photo by Ebet Roberts/Redferns) Ebet Roberts/Redferns

Following the Summer Festival, Investors Have Plans to Reopen the Shuttered Club

Although CBGB officially closed its famed New York location in 2006, the shuttered club -- founded by Hilly Kristal in 1973 -- has lived on through CBGB fashions and radio. Now, the first ever CBGB festival will take place July 5-8 at venues across the city.

The New York Times reports that the festival will be modeled after SXSW and CMJ, with film screenings, workshops, and conferences, in addition to concerts with more than 300 bands at 30 locations.

A new group of investors, which recently purchased the CBGB assets to launch this festival, also has plans to reopen the club at a new downtown location.

"We're never going to recreate that moment in time," investor Tim Hayes told the New York Times. "We're trying to continue the idea of supporting live music, making a lot of noise and being a part of New York City. The festival is one way we can do it. Eventually the club will be another way we can do it."

Bands scheduled to perform at the CBGB Festival include the Cro-Mags, Vision of Disorder, Sick of It All, Guided by Voices, the Pains of Being Pure at Heart, Cloud Nothings, former New York Doll David Johansen, and the Baseball Project, a group formed by R.E.M.'s Peter Buck and Dream Syndicate's Steve Wynn.

Ticket options are now on sale on the CBGB website, with combinations ranging from $69 for the music showcases to $299 for everything. Prices will be as high as $499 day-of-show.

Questions? Comments? Let us know: @billboard

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