By: Staff –
The 2017 Pemberton Music Festival, which was scheduled to take place from July 13-16 in Pemberton, BC with a lineup that featured Chance the Rapper, Muse, A Tribe Called Quest, Run The Jewels, Tegan & Sara, Migos, Little Uzi Vert, Future Islands, Lil Yachty, The Avalanches, Joey Bada$$, Thundercat, Noname, Hamilton Leithauser, and Denzel Curry, among others, has been cancelled as its organizers have filed for bankruptcy.
Up until 3pm on May 18th, festival passes were still available for sale on the festival’s site. However, the site now consists of a single page confirming rumours of the festival’s demise.
“Unfortunately there are no automatic refunds from PMF,” a statement on the festival’s site read.
“As PMF is now in bankruptcy, it has no ability to provide refunds for tickets purchased. However, ticket holders may file a proof of claim form as an unsecured creditor with [Ernst & Young] in accordance with the claims process.”
An Ernst & Young fact sheet revealed that the festival had expenses of $22 million, and so far has only generated $8.2 million in revenue.
Pemberton Music Festival has been significantly impacted since 2015 by a weakening Canadian dollar relative to the US dollar as many of its entertainment costs are denominated in US dollars. In addition, the festival experienced increasing difficulty in sourcing talent for its 2017 event due to a limited number of artists touring in 2017.
To help festivalgoers affected by the cancellation, the Wayhome Music Festival, which takes place from July 28-30 in Oro-Medonte, ON, has offered all 2017 Pemberton Festival ticket holders the option to redeem their ticket for a 2017 WayHome General Admission Ticket. WayHome will keep this offer open until June 30 and will authenticate all requests. Tickets will be redeemed on a on a one for one basis and do not include camping, parking or VIP offers.