If you were planning to get your hardcore fix at this Summer’s Sound and Fury Festival this July in California, you’re going to have to wait until next year, as the festival has been cancelled. The organizers canceled what would have been the eighth incarnation of the Festival today via their web site, stating that they couldn’t make ends meet financially. Here’s their statement:

“It’s over.

We are sorry to bring you this unfortunate news but the 2013 edition of the Sound and Fury festival is cancelled.

We apologize to everyone from the bottom of our hearts for having to do this, but it was unavoidable.

In order to quell speculation, you will hear the absolute truth from us.  Due to unforeseen circumstances and the massive financial risk it takes to run a festival, we have to cancel this year.

We are just two people, running a festival that brings in over 60 bands and 1,800 kids to Santa Barbara every year. The amount of logistics and headaches this encompasses one can only imagine, needless to say from March to July our lives don’t feel our own.

This year, we put together what we thought was an amazing lineup with amazing sponsors that all spread the word of the festival far and wide. We as organizers have to weigh the pro’s and con’s of doing a festival and not losing tens of thousands of dollars in the process.

Plain and simple, we couldn’t take that risk this year.

To all of the bands, sponsors, friends, co-workers and attendees, we are very sorry.

Tickets will be fully refunded at the point of purchase (No Sleep Records) and should be completed by weeks end. If you bought a ticket, you will get your refund but be patient as we are sorting out the best way to get that to you.”