Tomorrowland Brasil – which has taken place in Itu, Sao Paulo, since 2015 – will not be held in 2017 “due to external factors” in Brazil, its promoter, SFX Entertainment-owned Plus Talent, has announced.

Tomorrowland Brasil got its start in 2015, and next year’s event would have served as its third annual outing. The producer of the event, Plus Talent announced through a statement that it made the decision because, among other reasons, to the crisis in Brazil right now, but that will be preparing to return in 2018.

“Brazil ‘s economic situation, combined with other factors of instability, cause too adverse an initiative of the size of the Tomorrowland stage. We will do our utmost […] to come back as soon as possible, since the love and energy Brazil gave to Tomorrowland was amazing, ” they said.

Created in 2005, the Tomorrowland takes place annually in the Belgian town of Boom and is considered one of the largest electronic music events in the world. Since its inception, the festival has become a standard of electronic music, becoming awarded in 2011 as Best Festival in the International Dance Music Awards, and the cancellation of yet another festival does not bode well for EDM lovers.