SOME of the world's biggest pop acts, including Beyonce and Blur, will be descending on Ireland this summer for a string of concerts.
But it looks like one of Ireland's most popular festivals; Electric Picnic, might not be one of their venues as the the future of the event is up in the air.
Promoters for Electric Picnic – which is now in its 10th year – said an announcement about this year's festival is due shortly, provoking speculation that EP may not be a runner this summer.
Uncertainty about the future of this year's festival arose last year due to a lack of promotion and the delay in releasing early bird tickets.
These tickets allow revellers and music-lovers avail of discount tickets.
Typically they go on sale in December but, to date, no early bird tickets have been released.
The festival has attracted international stars, such as The Killers, Elbow, Ed Sheeran, The Chemical Brothers and Arcade Fire, and is a firm favourite among music-lovers for its laid-back feel.
Despite its popularity, the concert made operational losses of €2.1m between 2010 and 2011.
EP Republic, which organises the festival, is jointly owned by Melvin Benn and John Reynolds.
Mr Benn said that early bird tickets did not go on sale because of the need to get "a new company structure" in place after Festival Republic Dublin was acquired by LN-Gaiety Holding last November
LN-Gaiety Holding is owned by international music promoters Live Nation and Gaiety investments, the parent company of Denis Desmond's MCD concerts.
In previous years, the launch of Electric Picnic, which takes place in Stradbally in County Laois during the summer over three days, has occurred in early March.
Festival director John Reynolds said: "I hope it happens. "I believe it will happen."