This just in:

We regret to inform you that due to circumstances out of our control the ‘Showcase of Showcases’ has been canceled. Pegstar.net and Free Press Houston apologize for any inconvenience this has caused you. We hope that you enjoy your time at SXSW and continue to support live music, good fun, and good times.

As our way of showing our appreciation for having RSVPed please accept this bonus offer: buy up to 4 passes to the Free Press Summer Fest (featuring Flaming Lips, Girl Talk and many more, www.freepresssummerfest.com) and get up to 4 free passes. This has a potential value of over $200. All you need to do is put “SXSW party canceled” in the Promotion box at checkout. You will be contacted within 24 hours with confirmation of your bonus tickets.