LivingSocial Sets Backyard Festival in New York, Invites Aerosmith and Joan Jett

Here's a new way to put on a festival. LivingSocial, a deal-of-the-day website, has announced that they will put on the Backyard Festival on New York's Randall's Island, Saturday, July 13.

For music, they are bringing in Aerosmith, Joan Jett and the Blackhearts, Yeasayer and more acts yet to be announced. In addition, they are planning a "special culinary experience" from Danny Meyer's Union Square Events, over 150 craft beers and wines and all sorts of games and activities.

Tickets run from $99 for access and 3 drink tastings to $999 for a VIP package with free barbecue, ferry ride and open wine and beer tastings.

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