Three-day Las Vegas festival Life is Beautiful has officially announced that they will no longer be holding this year's event. They will, instead, be putting its resources into the community.

According to their latest statement:

“We were more excited than ever to share the vision of this year’s festival with you. Instead, this moment has given us the opportunity to pause and assess what is truly important. It has given us the space to reflect and to grow, to refocus on our work, and to find new ways to give back to our community beyond the three days of the festival.”

Surely, this decision was made due to the uncertain future of the coronavirus. Michigan-based music and arts festival Electric Forest just announced its cancellation today as well. It is likely that many more events will be canceled due to COVID-19.

Stay tuned for updates on the Life is Beautiful 2021 event.