Poor tickets sales weren’t to blame for the recent cancellation of the Wax:On Live festival, instead the economy is at fault. It seems the current economic downturn and credit crunch forced organizers of the festival, which was set to take place May 31 in Leeds, to drop their plans and cancel the event. A statement on Waxonlive.com explained: “The festival fell victim not to poor ticket sales or lack of support and dedication, but to the credit crunch that has the UK in the grip of an economic stranglehold.
“This morning we have been informed that due to circumstances in the global financial market place and its knock on effect, the event has become unsustainable. We threw everything we had at the event to try and make it go ahead and we’re really disappointed we couldn’t see it through.”
Among the artists who were set to take part in the event were Primal Scream and Reverend And The Makers.
Ticket holders are advised to contact their place of purchase for refund.
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