SFX has released an official statement on the One Tribe Festival website that states the event slated for September 25-27 in Perris Valley, CA has been cancelled indefiniately. The festival boasted mutiple curated stages by Beatport, Awakenings, Crosstown Rebels/Get Lost, and Paradise. In the statement posted on its website, the organizers state “A mix of unforeseen circumstances and events” as the cause for cancellation. SFX has been a hot topic in the news recently, with Forbes magazine highlighting the company that has gone from a 1 billion net worth, to just 100 million in as little as two years.

You can read the full official statement above, and you can find more information by visiting the One Tribe website.