Queensland's BAM! Festival Cancelled
News posted Thursday, August 26 2010 at 02:00 PM.
Related: BAM! Festival.
Following yesterday’s shock Homebake cancellation, another Australian music festival has fallen by the wayside. Promoters of the inaugural BAM! Festival, which was scheduled to take place at the Ivory’s Rock Conference Centre in Queensland from October 8-10, have decided to pull the pin, citing sluggish ticket sales for the festival’s downfall.
In a statement circulated to media today (August 26), organisers said they were still below 50 percent of their minimum ticketing target and a further 80 percent away from breaking even. Last week’s 11th hour ticketing plea, which organisers hoped would yield the 200 tickets needed for the festival to go ahead, only managed to stimulate a further 60 sales.
Here’s the statement in full:
It is with great sadness and disappointment that we here at BAM! HQ wish to announce that have not sold enough tickets to run this event. As a result, BAM! Festival has been cancelled. After the release of our 2 for 1 offer, the slight improvement in ticket sales was last night decided to be insufficient to warrant the financial risk involved in proceeding with the festival.
While profit was not our goal, and our entire team were volunteers, our responsibility in being able to provide payment to our suppliers was paramount to our success. While everything else for a great festival is prepared, without ticket sales we are unable to go ahead.
We would like to thank every single person who has spent time and effort supporting and creating BAM! Festival. Your efforts did not go unnoticed, and we are truly grateful for your assistance.
To all those who bought tickets to BAM! and were looking forward to the new and different type of festival we were trying to create – thank you for your sign of commitment to the festival, and we are sorry that there weren’t more people like you. We hope that you will continue to be supportive of the local music industry in the future. Full Refunds can be obtained from your point of purchase.
BAM! is the second Queensland festival to cancel this year, following March's aborted Lost Weekend. Acts scheduled to perform at BAM! included The Winnie Coopers, The Barons of Tang, Dallas Frasca and Chocolate Strings.