Well guys, the bad news are now confirmed…Soundwave Revolution has been cancelled.

Promoter AJ Maddah, who confirmed that the difficult decision to axe the event was made after the second headliner pulled out and they didn’t want to put an “inferior product” on the market.

All this story started early today, when Steel Phanter’s drummer Stix Zadinia tweeted the following statements:

“Soundwave revolution is cancelled. I am bummed.”

“Just got word from our management that the whole festival is cancelled. I hope I’m wrong but I was told it’s official. Anyone hear the same?”

“Maybe we’ll still come out and rock anyway! I’m hoping it can get worked out. We wanna rock u guys in Oz”

“If I’m wrong, I’ll only let two chicks suck my dick instead of the normal 5. That’s how serious I am.”

“Ok everyone. I’m just reporting what I was told. U don’t have 2 believe me. Better yet, don’t believe me and wait for an “official” anncmnt”

“Ok. Let’s start over fuckers. Don’t panic. Let’s all pretend I didn’t hear from our manager that swr is officially cancelled. U good now?”

Soundwave Revolution organisers are expected to release a full statement soon.

UPDATE 1
Soundwave have posted an official statement in their forums:

It is with great sadness that we announce the cancellation of the Revolution Festival.

Many of the festival bands will still be coming to Australia in that time period and team up to bring you some very special shows. These will include multi band/mini festival line-ups in Brisbane, Sydney and Melbourne. We will be announcing these events in the next 7 days.

Tickets purchased online will be refunded automatically as soon as it can be processed. If you purchased from an outlet, refunds will be available next week from point of purchase.

UPDATE 2
Visits by several Revolution bands have already been confirmed:
Alice Cooper
Alter Bridge (who will play a Brisbane show at the Tivoli)
Yellow Card

UPDATE 3
Radio Triple M reported the following:

‘Soundwave Revolution Wanted Aerosmith As Second Headliner’

Triple M can exclusively reveal that the second headliner Soundwave Revolution were chasing was Aerosmith. Nui Te Koha broke the news on Triple M Melbourne’s Hot Breakfast this morning and went on to reveal that poor ticket sales were ultimately to blame for the festival cancellation.

“The organisers were saying they were waiting for a number 2 headliner, but the fact of the matter was ticket sales were lagging,” he said.

Also, it’s been confirmed that No.1 headliner, Van Halen will now not be touring Australia either.
Read the full story here

We will keep updating as soon as more information comes