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Scott Avett plays banjo as the Avett Brothers perform at the BottleRock Napa Valley music festival in Napa, Calif. on Thursday, May 9, 2013. (Kristopher Skinner/Bay Area News Group)

The BottleRock music festival, which drew A-list rock bands and thousands of fans last spring, will return to Napa May 30-June 1 under new management.

The festival will now be run by Napa Valley-based event producer Latitude 38 Entertainment, which made the announcement Friday, noting it had bought the production rights from BR Festivals, which recently filed for Chapter 11 bankruptcy.

Although last year's inaugural BottleRock festival proved popular with fans, who were drawn to a lineup that featured such heavy hitters as the Zac Brown Band, the Black Keys and Kings of Leon, it also landed BR Festivals in serious financial trouble, with several festival vendors filing lawsuits for nonpayment.

Steve Macfadyen, a music industry veteran, will serve as festival director. Before signing up for BottleRock, Macfadyen was the director of entertainment and general manager of The Show, a $76 million dollar, 2,000-seat venue at the Agua Caliente Casino Resort Spa in Southern California. He's also worked for such established promoters as House of Blues Entertainment and Bill Graham Presents.

The 2014 BottleRock will feature many of the same elements as last year -- including high-end wine and cuisine -- and some 40 acts performing on multiple stages around the Expo center.

The festival lineup is expected to be announced in early March, at which time ticket sales will go on sale. For more information, visit www.bottlerocknapavalley.com.