The Newport Jazz Festival is a music festival held every summer in Newport, Rhode Island, USA. It was established in 1954 by socialite Elaine Lorillard, who, together with husband Louis Lorillard, financed the festival for many years. The couple hired jazz impresario George Wein to organize the event to help them bring jazz to the resort town.Most of the early festivals were broadcast on Voice of America radio and many performances were recorded and have been issued by various record labels.The Newport Jazz Festival moved to New York City in 1972 and became a two-site festival in 1981 when it returned to Newport and also continued in New York. The festival was known as the JVC Jazz Festival from 1984 to 2008. During the economic downturn of 2009, JVC ceased its support of the festival and was replaced by CareFusion. As of 2012 the festival is sponsored by Natixis Global Asset Management.The festival is hosted in Newport at Fort Adams State Park, and is often held in the same month as its sister festival, the Newport Folk Festival.Festival's establishment at NewportIn 1954 the first Newport Jazz Festival was held at Newport Casino in the Bellevue Avenue Historic District of Newport, Rhode Island. It incorporated academic panel discussions and featured live musical performances. The live performances were set outdoors, on a lawn. These performances were given by a number of notable jazz musicians including Billie Holiday. MC was Stan Kenton. The festival was hailed by major magazines and newspapers. Some 13,000 attended between the two days. In general, the festival was regarded as a major success.