ATP has confirmed that it is to close.
The live agency has endured financial difficulties for some time, including numerous late call offs and allegations that acts have not been paid for their services.
Now it seems that the agency is to formally close. In a statement on social media the team behind ATP confirmed the news, thanking the fans and artists who "made ATP so special while it lasted."
Here's the statement in full:
It is with deep sadness we are announcing that ATP Festivals and live promotions are closing down. 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.
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. 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.
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