We all know the current economic climate has taken its toll on the entertainment industry. Another casualty of the economic crisis is Las Vegas’ CineVegas Film Festival, which has announced that it will not be held in 2010. The film festival, which celebrated its 11th year in 2009, has been a place for unconventional moviemakers to showcase their work. Festival president Robin Greenspun states that “Given the current economic climate and the pressures it has created, we made the difficult decision to put CineVegas on hiatus for the coming year. CineVegas has become such a well respected film festival, and rather than allow the economy to affect its level of quality we have opted to put the event on hold.”

Artistic director Trevor Groth continues: “We are so proud that CineVegas has grown to become a premiere showcase for uninhibited filmmakers and a scintillating festival experience for our attendees… We are very sad to be announcing this hiatus, but it is our hope to keep the CineVegas brand alive and re-launch the festival once the economy recovers.”

CineVegas will continue to hold screenings and special events while the festival is on hiatus.