THE Jennings Keswick Jazz Festival is no longer able to continue in its present form, organisers Theatre by the Lake have said.

The theatre said that the number of tickets sold has fallen steadily since 2011 leading to significant loss of income for a festival that receives no regular support from local authorities.

Patric Gilchrist, Theatre by the Lake’s Executive Director, said: “We hope to find an experienced and enthusiastic promotor who can devise a credible business plan to take the festival forward and ensure its financial stability by our deadline of 9 May 2016.

“If no credible offers are received by that date then 2016’s festival will be the last in its current form. However, Theatre by the Lake will commit to offering a full week of Jazz at the theatre in May 2017, even if there is no one able to organise a multi-venue festival in the town.”