Just read this on a message i got from the guys and gal in TO-MERA. This is really a shame, to bad it had to happen. This is a direct statement from PPUK.
"This is the hardest decision we have ever had to make, but it is with great regret that we must inform you of the cancellation of ProgPower UK 3.
We have made no secret of the financial difficulties that have dogged our first two years, which is why we had to make a significant number of changes before we decided to commit to a third year. However, ticket sales have been extremely poor – just about 50% of what was required to break even, in fact. As a result, there is no way we can stage the festival without losing a substantial amount of money again, and given the losses incurred in 2006 and 2007 this is something we just cannot afford to do.
This decision has not been taken lightly. We have worked very hard to build up ProgPower UK and keep the dream alive, but the reality of the situation is staring us in the face and we simply cannot afford to keep pumping money into the festival. We are obviously extremely sorry for the disappointment and inconvenience that this decision will cause you, and although it is of no consolation, we can assure you that we are as disappointed about this as you are.
ProgPower UK LLP will cease trading with immediate effect. As the festival will now not be taking place, any monies due for performing will not be paid. In due course, a liquidator will be appointed if appropriate.
Please direct any enquiries to enquiries@progpoweruk.com All enquiries will be dealt with, but please be patient.
It is hard at this point in time to convey in words our own disappointment at having to make this tough decision and we do fully appreciate the difficulties that it will cause you. We would however like to sincerely thank you for working with us on ProgPower UK over the past few months. "
The ProgPower UK Team
"This is the hardest decision we have ever had to make, but it is with great regret that we must inform you of the cancellation of ProgPower UK 3.
We have made no secret of the financial difficulties that have dogged our first two years, which is why we had to make a significant number of changes before we decided to commit to a third year. However, ticket sales have been extremely poor – just about 50% of what was required to break even, in fact. As a result, there is no way we can stage the festival without losing a substantial amount of money again, and given the losses incurred in 2006 and 2007 this is something we just cannot afford to do.
This decision has not been taken lightly. We have worked very hard to build up ProgPower UK and keep the dream alive, but the reality of the situation is staring us in the face and we simply cannot afford to keep pumping money into the festival. We are obviously extremely sorry for the disappointment and inconvenience that this decision will cause you, and although it is of no consolation, we can assure you that we are as disappointed about this as you are.
ProgPower UK LLP will cease trading with immediate effect. As the festival will now not be taking place, any monies due for performing will not be paid. In due course, a liquidator will be appointed if appropriate.
Please direct any enquiries to enquiries@progpoweruk.com All enquiries will be dealt with, but please be patient.
It is hard at this point in time to convey in words our own disappointment at having to make this tough decision and we do fully appreciate the difficulties that it will cause you. We would however like to sincerely thank you for working with us on ProgPower UK over the past few months. "
The ProgPower UK Team
