Film festival cancels event due to economy

Citing recessionary pressures, the CineVegas Film Festival will go on hiatus for at least a year.

CineVegas president Robin Greenspun and artistic director Trevor Groth made the announcement Friday.

“Given the current economic climate and the pressures it has created, we made the difficult decision to put CineVegas on hiatus for the coming year,” Greenspun said in a statement. “CineVegas has become such a well-respected film festival, and rather than allow the economy to affect its level of quality, we have opted to put the event on hold.”

Groth said he’s aiming to revive the event once the recession has passed. “We are very sad to be announcing this hiatus, but it is our hope to keep the CineVegas brand alive and relaunch the festival once the economy recovers,” he said.

CineVegas held its 11th festival over six days last June at the Palms Casino Resort and Brenden Theaters. Dennis Hopper’s chief of the creative advisory board.

The fest has usually offered a combo of big-budget entries such as “Ocean’s Thirteen,” and quirky indies such as this year opening-night pic “Saint John of Las Vegas,” starring Steve Buscemi and financed by a community of investors via IndieVest.

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