Bam! festival cancelled
Thu 26th Aug, 2010 in Local News
Despite introducing a 2 for 1 ticket offer in an attempt to save the festival last week, the Bam! promoters have pulled the plug on the festival which had been scheduled to run on the weekend of 8th – 10th October with a line up of over 50 local bands.
The festival suffered from comparisons to Victoria’s disastrous Blueprint festival – which resulted in the organisers losing nearly $500,000 and disappearing “somewhere in regional Australia” – and to the cancelled Lost Weekend festival – which had been scheduled to host Dinosaur Jr, The Brian Jonestown Massacre, Tumbleweed, The Dirty Projectors and others at the same location as Bam! in March.
The promoters note that while the “big push over the last few weeks” did result in approximately 60 extra ticket sales, the festival has fallen well short of the anticipated ticket sales and was “still below 50% of the minimum target, and 80% below breakeven point”.
The official statement from the Bam festival organizers:
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 un‐noticed, 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.
Punters who did buy tickets for the festival can receive a full refund from the point of purchase.
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