In yet more sad news for the UK festival scene, Yorkshire's Rough Beats festival has succumbed to the same financial woes that enveloped the likes of Sonisphere, Ladyrock and Harvest and has been cancelled by its organisers.
The organisers released a statement regarding the difficult decision, saying: "It is with a very heavy heart that we write to you to announce that, due to financial pressures, we have no responsible option but to cancel Rough Beats Festival 2012.
It continues: "This is a huge personal blow and incredibly disappointing as we truly believed that the brilliant line-up, the amazing collaborators and the physical and financial investment made by everyone involved was a winning formula and that we were on course to produce one of the most talked about music events of the summer. However, it is proving to be a very difficult environment for festivals.
"The decision to cancel has not been made lightly – indeed it goes against every instinct of our hearts – but not to do so would put all the contractors, contributors, artists, traders and suppliers at risk of substantial losses."
Its eclectic line-up suffered a blow late last month when Azealia Banks pulled out due to recording commitments. She was set to headline alongside Pulled Apart By Horses and Gruff Rhys.
This news comes shortly after the Sonisphere Knebworth festival was cancelled due to financial difficulties, another indicator that the UK festival scene no longer seems to be drawing the crowds that it once was. With organiser Michael Eavis shelving Glasto until 2013, 2012 seemed like the perfect time for a successor to the tired Worthy Farm festival's throne to emerge – however, with live-music numbers dwindling, this may have been the year that the UK music industry needed Glastonbury more than ever.
Photo: Rough Beats Festival / Guardian