ATP enters into administration, cancels Iceland event

All Tomorrow’s Parties has gone into administration and will no longer be hosting its event in Iceland.

Certain bands had already withdrawn from the festival citing payment issues but now ATP, which has suffered in the past, is handing over the UK shows to different promoters and is permanently bowing out.

“It is with deep sadness we are announcing that ATP Festivals and live promotions are closing down,” a statement reads. “After months of speculation, our funding for Iceland has been pulled and we are no longer able to continue so will be closing down the entire live side of ATP festivals and live promotions with immediate effect and going into administration.”

“ATP Iceland festival is no longer happening, but all our other UK shows will have new promoters appointed and tickets transferred (all purchased tickets remain valid with the new promoter). We will post details of the administrators and what to do for festival ticket refunds over the next week.”