The Paid Dues Music Festival will not be taking place this year, Murs announced in a statement released Wednesday (April 30). The cancellation is due to financial troubles and had been "a long time coming," he said.
"I regretfully announce Paid Dues will not happen this year," the statement reads. "2013 was financially challenging for my partners at Guerrilla Union and as a direct result of these unfortunate circumstances we were not able to come together to give you another successful Paid Dues Festival."
In the interim, Murs will be working to bring the festival back for next year. "I am using this time to restructure my business in order to bring you Paid Dues for 2015," continued the L.A. native. "Thank you for your continued support and I look forward to celebrating Paid Dues 10 year anniversary with you next spring. Stay tuned."
Paid Dues was launched in 2006 by Murs 3:16 and Guerrilla Union and expanded into a Paid Dues tour in 2007.
In 2013, Guerrilla Union was forced to shut down Rock the Bells mid-tour in order to avoid a "devastating" financial loss.
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(Photo: C Flanigan/WireImage)