Cancelled on Penn

Live on Penn has been cancelled for the rest of the season! Here's what the website says:

"It is with much regret that we have to inform you that the remainder of the Live on Penn concert series has been cancelled effective immediately. We had hoped to once again bring the people of D.C. first-rate entertainment at reasonable prices all summer long. Unfortunately, the series is no longer viable. We want to thank our sponsors, partners, volunteers and the live music fans of Washington who truly supported this series. For those who purchased advanced tickets, information on refunds will be forthcoming in the near future."

Not viable? What does that mean? I suspect maybe it has to do with the terror alert, and rising costs of security. (Putting DC on code orange costs over a million dollars a day). Hopefully LoP is not gone forever, as its been a really fun event last summer and what little of this summer we had it. If anyone has more info as to why it was cancelled, let me know, via email or comment.