The beleaguered UK promoter is shutting down for good.

ATP has announced it is closing down its festival and live promotions business for good, with next month’s ATP Iceland now cancelled.

“After months of speculation, our funding for Iceland has been pulled and we are no longer able to continue,” the festival announced on Facebook, “so [we] will be closing down the entire live side of ATP festivals and live promotions with immediate effect and going into administration.”

Earlier this week horror composer Fabio Frizzi become the third act to pull out of ATP Iceland, which was due to take place on July 1-3.

“ATP Iceland festival is no longer happening, but all our other UK shows will have new promoters appointed and tickets transferred,” ATP said.

All purchased tickets will remain valid with the new promoter, and the company intends to share details of the administrators and how to get festival ticket refunds over the next week.

The previous ATP festival, curated by Drive Like Jehu, was marred by high-profile cancellations and relocated to a new site before ATP pulled the plug on the entire event.

“We are very sorry we could not make this work and have tried to survive throughout all our recent losses but we are no longer able to trade and have to accept we cannot go on,” the festival added. “Thank you to all our loyal customers who have supported us and incredible artists who have performed or curated for us over the years and made ATP so special while it lasted.”

The last holiday camp took place in December 2013, but ATP has since branched out northwards with an annual festival in Iceland. Last year

ATP previously came under fire for cancelling its two-day Jabberwocky Festival in London with only a few days’ notice.

Founded in 2001, ATP attracted a loyal following of fans to its holiday camp festivals at Pontins and Butlins sites around the UK, with line-ups curated by the likes of Mogwai, Animal Collective and My Bloody Valentine.

In 2013 ATP announced its final holiday camps, but the festival relaunched less than two years later with an event curated by artists Jake and Dinos Chapman. The final ATP was curated by comedian Stewart Lee and took place this April.

 

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