Clear Channel Entertainment's Nashville operation, PACE Concerts, has pulled the plug on a 2005 version of its annual May riverfront music festival Nashville River Stages.

Clear Channel Entertainment's Nashville operation, PACE Concerts, has pulled the plug on a 2005 version of its annual May riverfront music festival Nashville River Stages.

Jason Wright, VP for PACE in Nashville, tells Billboard.biz that the Riverfront Park site that hosted the previous seven three-day festivals will be undergoing construction next year. He adds that the "business model we've been operationg under just doesn't work. So why try to put a square peg into a round hole?"

While the 2005 River Stages is officially off, Wright does not rule out the festival's return in the coming years. "We realize it's important to the city, and we're not writing it off," he says. "We just need to find a solution that works for everybody."

In its best years, River Stages drew close to 40,000 people, according to published reports. Acts that have played the festival include Widespread Panic, Hole, No Doubt, Hoobastank, Steve Earle, Garbage, Counting Crows, Bob Dylan and Allman Brothers Band. River Stages has been part of a spring music festival circuit that includes similar events in Memphis, Atlanta, New Orleans and Tampa, Fla.

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