The London Music Show 2010 has been cancelled. The event, formally known as LIMS, was due to take place at the Excel centre, London, in October.
Show organiser Future and the Music Industries Association, from which it licensed the show, have published a joint statement regarding its cancellation. In it, the demise of the show was blamed on current trading conditions in the industry.
The statement read: "The Music Industries Association and Future are sorry to announce that we have made the joint decision to postpone the 2010 London Music Show until 2011.
"While many music industry partners such as John Hornby Skewes, Korg, Music Force Distribution, Peavey, Roland and Sound Technology have committed to the event, it has become apparent that we will not achieve our goals for London Music Show this year as a result of exceptionally tough market conditions.
"We’re absolutely determined that the first ever London Music Show will offer public and trade visitors and exhibitors the most exciting and interactive music show in the UK and we won’t compromise on this promise.
"The Music Industries Association and Future continue to share this vision for 2011 and we already have commitment from a number of key commercial partners for next year’s event. We’ll provide details on the 2011 event in due course.
"We’d like to thank the companies and enthusiasts that have shown their support for the London Music Show."
Future noted that dates for the 2011 show are already being finalised and that a statement outlining the plans for this event will be issued shortly.