This year's Bloom Festival, which had been due to tack place from August 16-18 at Chepstow Racecourse, has been cancelled.
A number of factors were blamed, including having to change the venue at the last minute and the current economic climate.
Organisers said both reasons “meant that they have been on the back foot for most of the year”.
But the festival is set to return “bigger and stronger” in 2010, they added.
The festival had been due to feature performances from James Yuill, Filthy Dukes and Frankmusik.
Festival organiser Olivia Chapman said: “It’s been an incredibly difficult decision for us to make, as Bloom is an independently run organisation, built from our very heart and souls.
"We have worked tirelessly for the best part of nine months on this event which makes it very hard for us to walk away from it. However we have to think of the bigger picture and feel that we are making the right decision”.
However, there are a number of options open to those who have tickets.
For an extra supplement of £22.50 festival goers can swap their Bloom Tickets for a Beachdown weekend ticket which runs August 28-31.
A similar ticket exchange option is being offered with Big Chill festival, although for an extra fee of £55.
Organisers have also promised that all those who bought a ticket for the 2009 festival will automatically receive a ticket for the 2010 festival as well as an additional free ticket.
A free party for all ticket holders to be held in Bristol on the August 15 is also in the pipeline.
Register now and have your comments approved automatically!