Lollapalooza 2004 Cancels All Dates

Faced with millions of dollars in losses, Lollapalooza promoters and organizers made the decision to pull the 2004 tour this morning, a mere three weeks prior to kick-off. Despite having arguably the best line-up since the tour's inception in 1991, billing respected artists like Morissey, Sonic Youth, PJ Harvey and The Flaming Lips, the festival still faced weak revenue and poor ticket sales.

Marc Geiger, co-founder of the tour stated, "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. 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."

Fans who have already purchased tickets will be given full refunds, according to the festival website.