Heavenly Planet Festival in Reading cancelled due to recession.
A British music festival has been scrapped after falling victim to the global economic crisis.
The Heavenly Planet Festival in Reading, England was due to take place in July (09) but bosses have been left with no choice but to cancel the event because of cash-flow worries.
Melvin Benn, the festival’s organiser, says, “It is with regret that we make this announcement to cancel our new festival Heavenly Planet.
“The worsening economic crisis and circumstances beyond our control have been major factors in the final decision.”
Organisers of the event, which focused on bringing world music to one stage, are not promising the event will return next year (2010), but are “planning for possible festivals in future years”.
Category: Credit Crunch, Festival News
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another bad news