PLANS for next year’s Mt Beauty Music Festival have been abandoned – financial losses, fewer venues and difficulty attracting key volunteers putting an indefinite hold on the event.
Organisers say ticket sales and sponsorships have halved in the past five years.
Organising committee chair Rollo Kiek, who has been a part of the festival since its inception 17 years ago, said they had decided the event should go into recess until 2018.
“Despite the artistic success of the festival, this year we lost a considerable amount of money and have insufficient funds to embark on another festival with due probity,” he said.
“How can we sign contracts with artists when we can’t guarantee that we can pay them?
“Compounding the lack of financial security is the loss of key people in the festival’s administration due to other commitments.”