Pemberton Music Festival cancelled after organizers file for bankruptcy

Pemberton fest cancellation fallout Many ticketholders may be out thousands of dollars after the Pemberton Music Festival filed for bankruptcy.

The 2017 Pemberton Music Festival has been cancelled after the organizers filed for bankruptcy following three years of incurring “significant losses.”

Bankruptcy documents filed Thursday show the festival had “been significantly impacted since 2015 by a weakening Canadian dollar relative to the US dollar.”

Tickets purchased with a credit card may be refunded from third parties. Ticketholders will need to contact their bank or credit card company to find out if they can get a refund. There will be no automatic refunds from the festival, but ticketholders will be able to file a proof of claim form.

In a statement to CTV, Huka Entertainment, the company that produced the festival, expressed sadness about the cancellation.

“For the past four years Huka Entertainment has worked to create a one-of-a-kind experience in the most beautiful place on earth. We are heartbroken to see the 2017 Pemberton Music Festival cancelled. As a contract producer, Huka did not make the decision to cancel the Festival. That decision was made by the Pemberton Music Festival, LP. We are extremely disappointed for our fans, artists and all of our partners who have supported the festival over the years.”

Chart-topping artists Chance the Rapper, Muse and A Tribe Called Quest were all slated to headline the four-day festival in July.

The first Pemberton Music Festival took place in 2008 and was not held from 2009 to 2013. At the 2016 festival, a police investigation was launched after a stabbing at a camping area.

This festival cancellation comes one year after the Squamish Music Festival was axed.