Two music festivals slated for Farwell, Mich., this summer have been canceled “to restructure and reorganize debt, while continuing to look for new investors.” The Mountain Country and Rock Music Festivals had an uneven slate of headliners–the rock fest was going to have the Yardbirds and Starship atop its bill, while the country concerts were to be headlined by bigger names like Miranda Lambert, Trace Adkins, and Dierks Bentley–which probably contributed to the chaos. Last year’s country fest, which had Carrie Underwood leading the bill, attracted 12,000 people. [MLive.com]