The inaugural Samsung Mobile Musink Tattoo and Music Festival has been canceled, according to organizers, who cite the "current economic climate" as the primary factor. Social Distortion and Motorhead were tapped to headline the tour, which was scheduled to begin Jan. 30.

"I'm sad that this year's festival will not go on as planned, but I'd rather the fans not be disappointed, as there were key elements that did not come together as originally designed," event creator Kat Von D said in a statement. The popular tattoo artist and cable TV personality was scheduled to appear on all dates.

Along with live music, the traveling festival was planning to host a number of other tattoo artists from around the world, showcase various extreme sports demonstrations and have Samsung staffers on-hand to demonstrate new Samsung mobile phones.

Tour producers included Kat Von D, Hootenanny Festival producer Bill Hardie, Rockstar Energy Drink Mayhem Festival and Taste of Chaos co-producer John Reese and Creative Artists Agency (CAA) agent Darryl Eaton.