Ireland's 2014 Oxegen music festival cancelled

Beyonce Oxegen has attracted artists such as Beyonce in previous years

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One of the largest annual music festivals in Ireland will not take place this year.

Oxegen, which has previously been staged at Punchestown in the Republic of Ireland, was due to take place at the County Kildare venue in August.

The promoters, MCD, said the move was due to a lack of headline acts combined with financial demands by agencies.

They said this meant it was no longer viable to stage the event in its current form.

The festival, which has been held every summer at Punchestown Racecourse since 2004 apart from a break in 2012, attracted crowds of up to 80,000 people in its heyday.

Last year's festival was downsized from three days to two-and-a-half days and was headlined by David Guetta, Calvin Harris and Snoop Dogg.

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