“ATP in Iceland – RIP”

These were the solemn words in an announcement posted yesterday afternoon on the ATP event page on Facebook.

Just as Iceland was gearing up for the commencement of its famous Secret Solstice festival, the news came through that a lack of funding has led to the cancellation of ATP Festivals in Iceland.

ATP is a festival that has been held all over the world. In Iceland, it is held on the first weekend in July in the former NATO base at Ásbrú, between Keflavik Airport and the Blue Lagoon. Performing due to perform this year are bands included John Carpenter, Goblin and Tortoise.

MORE: Look back at our ATP news coverage

Here is the full message posted:

“ATP - R.I.P

It is with deep sadness we are announcing that ATP Festivals and live promotions are closing down. After months of speculation, our funding for Iceland has been pulled and we are no longer able to continue so will be closing down the entire live side of ATP festivals and live promotions with immediate effect and going into administration.

ATP Iceland festival is no longer happening, but all our other UK shows will have new promoters appointed and tickets transferred (all purchased tickets remain valid with the new promoter). We will post details of the administrators and what to do for festival ticket refunds over the next week.

We are very sorry we could not make this work and have tried to survive throughout all our recent losses but we are no longer able to trade and have to accept we cannot go on.

Thank you to all our loyal customers who have supported us and incredible artists who have performed or curated for us over the years and made ATP so special while it lasted.”