The annual 10,000 Lakes Festival in Detroit Lakes, MN, will take a hiatus because of financial difficulties. Promoters of the multi-day fest, which ran for the past seven Julys, posted a notice on the event website last week that said the 10KLF could not grow to financial success and would be on official hiatus until further notice.
Festival founder Randy Levy told the Minneapolis-St. Paul Star Tribune that the event had "survived financially" from 2005 to 2007 but during the past two years the Upper Midwest-area festival was hurt by the bad economy as well as competition from similar but bigger festivals, including Rothbury in Michigan and Mile High in Colorado.
Levy said the 10KLF was an "artistic triumph" but "doesn’t pay for itself."
The $4 million, 50-band fest drew approximately 15,000 to see the Dave Matthews Band last year, but fewer people attended on the nights that were headlined by Wilco and Widespread Panic.