All Tomorrow's Parties is shutting down and going into administration.
The news came via a post from the long-running UK events brand's Facebook page this afternoon. In it, organisers explain that they will be "closing down the entire live side of ATP festivals and live promotions with immediate effect." Organisers explain that a planned ATP Iceland will no longer take place, citing funding problems. All UK shows, they say, will be handled by other promoters, with all tickets already purchased remaining valid.
Founded in 1999, All Tomorrow's Parties has suffered a string of setbacks throughout the past few years (including the high-profile cancellation of a recent Drive Like Jehu-curated festival due to lack of funds). It's long been one of the UK's best-loved festival brands, known for regularly enlisting artists to curate lineups.
Read an excerpt from All Tomorrow's Parties statement.It is with deep sadness that 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.