Death To Vegoose?

In 2005 the people who brought you Bonnaroo launched yet another music festival, this one in Las Vegas called Vegoose. Jack Johnson played it. Daft Punk played it. Widespread Panic played it. Rage Against The Machine played it. Arcade Fire played it. The Shins played it. Lots of bands played it in the three years it ran. But for the average concert goer...two full days of music followed by Sin City all-nighters during Halloween weekend could have felt like too much.Today Billboard.com is reporting that there "will not be a Vegoose in 2008.":http://www.billboard.com/bbcom/news/article_display.jsp?vnu_content_id=1003798670 Jonathan Mayers, president of Superfly Presents, which co-produces Vegoose with A.C. Productions added, “We’re not saying it’s killed, it’s just not going to happen in 2008.”Mayers further elaborated that, “Over the last few years we’ve built some great relationships out there. We’re really studying the model out in Vegas as to what makes sense. I think there is a model out there to do other events in Vegas, it’s just different.”Following Bonnaroo, without Vegoose looming in October, Superfly (along with Another World Entertainment) will be able to put more attention towards their latest festival, the inaugural Outside Lands festival at Golden Gate Park in San Francisco Aug. 22nd-24th.Could this be the start of festivals dying off in the U.S.?