The French electronic music platform Cercle said it is facing serious financial difficulties, canceled its planned festival in Mexico, and asked fans for direct support. In a statement published on Wednesday, June 24, 2026, the company called it “probably the hardest post we have ever written” and said the project’s growth had come at a heavy economic cost.
Cercle said it began 10 years ago with a simple idea, filming artists in extraordinary locations, and has since produced more than 200 shows worldwide, drawn hundreds of thousands of attendees, and reached millions through its videos. The company noted that its original investment was only 10,000 euros, used to buy GoPro cameras, microphones, a computer and a mixer. It said the team built the project from scratch and that its 35 employees created work that helped make people “dance, smile, cry or simply feel.”
According to Cercle, the pressure became unsustainable over the past two years. After the coronavirus pandemic, costs and taxes kept rising, profit margins kept shrinking, and the long-term risks the company had taken “became too heavy.” It said the balance it had managed to maintain no longer held.
The immediate result is the cancellation of Cercle’s Mexico festival, which the company said could no longer be held to the planned standards. Ticket buyers will receive automatic refunds within 24 to 48 hours. Cercle said it will continue updating fans on next steps and will keep its existing content free on YouTube as long as it can.
The company ended by saying that, for the first time, it truly needs help from its audience. Cercle, founded in France in 2016, became a global phenomenon through filmed live sets by top electronic artists at unusual locations, including Tale of Us, Black Coffee and Boris Brejcha.
