It's been six years since the storied CBGB's closed its doors in New York after a multi-decade run as one of the great punk music clubs.
The club may be gone (it's a clothing store now) but the name will live on this summer with the CBGB Festival, set for July 4 to 8.

At least that's what the official CBGB site says. There is very little further information on the fledgling event other then what is shown at a linked Sonicbids page. They are shooting big, stating the "capacity" as 500,000 to 1,000,000 and they are looking for a wide variety of music, listing "Alternative, Americana, Avant-garde, Bluegrass, Blues, Classic Rock, Country, Folk, Funk, Goth, Jam Band, Jazz, Latin, Metal, Pop, Punk, Reggae, Rock, Singer/Songwriter, and World."

The following is the description listed on the page:

The CBGB Festival is a five day celebratory showcase of music, film, distilled spirits and learning. From The Bowery and the Lower East Side to the streets of Williamsburg, Brooklyn, join them as they turn it up as loud as it will go this year during the 4th of July holiday week. July 4-8, 2012: Named for the greatest rock-n-roll venue in the world; they proudly introduce the first Annual CBGB Festival. Experience four energy-fueled days & nights of music, rock-n-roll films, insider-industry workshops, and intimate storytelling; all LIVE, all in New York City. CBGB has defined music and culture for generations of people around the world. Universally recognized as the birthplace of punk, CBGB continues to define new music and popular culture by fostering live performances & personal expression from artists around the city and across the globe.

The CBGB Festival will produce one of New York’s largest and most energetic music events in recent history . Rounding out the festival will be hundreds of performances, showcase concerts and music themed filmed parties & events in all five boros of NYC with a special focus on the Lower East Side & Brooklyn.

Attendees of the CBGB Festival will have a rare opportunity to showcase their creative talents to the numerous music fans from around the globe inclusive of leading record executives, award winning producers, managers, agents and globally published media. CBGB has always believed in supporting live music and new talent. The CBGB Festival aims to continue this tradition for many years to come.