(CelebrityAccess MediaWire) — Lollapalooza 2004 has been canceled due to sluggish sales. "Even with what has been touted as the best line-up since its inception in 1991, with such eclectic and respected artists as Morrissey, Sonic Youth, PJ Harvey, and The Flaming Lips, among others, and the most competitive ticket prices in the marketplace for a tour this size, it was not enough to counter the weak economic state of this years summer touring season," read a post on the festival's site. "Therefore, it is with the utmost regret that due to poor ticket sales across the board, the Lollapalooza, 2004 tour has been cancelled. This morning, tour organizers and concert promoters faced with several million dollars of losses, made the very tough decision to pull the tour."
"I am in utter disbelief that a concert of this stature, with the most exciting line-up I've seen in years did not galvanize ticket sales," said co-founder Marc Geiger. "I'm surprised that given the great bands and the reduced ticket prices that we didn't have enough sales to sustain the tour. Concert promoters across the country are facing similar problems. Many summer tours are experiencing weak ticket sales."
Alex Hodges, executive vice president of HOB Concerts, commented, "In real terms, it's been a tough summer. Ticket sales have been mixed and often inexplicably soft. There are a number of contributing factors, and, as a result, many tours have been cut-back, rerouted or cancelled."
"My heart aches along with the bands, and all our employees, whose hard work developed one of the most exciting tours this nation was to see," added festival organizer Perry Farrell. –Bob Grossweiner and Jane Cohen