The first MTK: Music To Know Festival has been canceled. The indie-leaning festival was scheduled to take place in East Hampton, NY on August 13 and 14. In addition to sluggish tickets sales, the festival faced some resistance from its surrounding community.

A message posted on the festival’s webpage explains:

It is with heavy, heavy heart that we regret to inform you that the inaugural MTK: Music To Know Festival in East Hampton will not take place. Despite our unique vision and arranging a world-class line-up, ticket sales were not adequate to allow the event to continue. We wanted to let everyone know now before engaging more deeply.

Along with our ticket holders, vendors, sponsors, business associates, colleagues and friends in the community, we too are filled with deep disappointment. We pledge to endure during this difficult time with the same integrity and professionalism displayed throughout the creation of this event.

Ticket holders should check www.musictoknow.com next week for more information.

The festival was slated to feature the likes of Vampire Weekend, Bright Eyes, Chromeo, Ra Ra Riot, Cold War Kids and Nicos Gun, among others. The final day of another Hamptons festival, Escape to New York, was canceled yesterday due to inclement weather.