Festival goers who bought tickets for the Isle of Man Festival are already starting to receive their refunds.
Organisers say people who bought tickets via PayPal and the Villa Gaiety Box Office are having their money transferred back to them.
Yesterday the event, which was being held in association with MTV on July 6th, was cancelled due to a lack of ticket sales.
Among the acts due to perform on the Island were Paloma Faith, Johnny Marr and Primal Scream.
Organiser Chris Hayes says everyone will be getting a full refund:
(PLAY AUDIO ABOVE)
Help for people who think they were mis-sold car finance?
Tyson Fury explains why he moved to the Island
Vote which could end bus strike today
Please park considerately for bin wagons, plead commissioners
Lieutenant Governor to bungee jump for charity
Five sets of roadworks on one estate in six months
Weather postpones council's Easter fun day
Seven ferry crossings hit by water levels and dredging issues in Douglas