Organisers of the Pyramid Rock 2013 called it quits on the New Year’s Eve festival on Wednesday, citing “tough economic conditions” as the reason for the event’s collapse.
The following statement appear on the official Pyramid Rock website:
“Inversion Productions, the promoter of the Pyramid Rock Festival has regretfully advised they will not be proceeding with the event in 2013.”
“First held in 2004 the multi-day camping music festival has gained an excellent reputation providing top entertainment for young music fans in a safe environment. Over nine years of operation the annual New Year’s Eve festival has hosted national and international artists from across the globe at a coastal property on Phillip Island.
“Due to tough economic conditions in recent years the Festival has become unviable for Inversion Productions and their only option is to cancel the event. Options will be explored for the festival to return on a permanent basis in 2014.”
The festival, held on Victoria’s Phillip Island, kicked off in 2004 sporting an Australian lineup featuring Regurgitator, Dallas Crane, Magic Dirt, The Butterfly Effect and Resin Dogs before eventually featuring some massive acts including The Black Keys , Cut Copy and N.E.R.D.
The festival lost some of its allure in recent years and experienced a significant decrease in attendance.
