Credit: Resident Advisor
Organizers had been actively seeking investors over the past two years, but the effort was ultimately unsuccessful. The festival has not been held for the past two years, having been forced to pause operations while searching for the necessary capital.
The organizers reported suffering significant financial losses in both the 2022 and 2023 editions of the event. Despite its long history and popularity, the festival could not overcome these fiscal hurdles, leading to the decision to move into liquidation. The move confirms the end of the beloved event.
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