LAS VEGAS (AP) - Organizers are canceling the CineVegas Film Festival in Las Vegas next year because of the economy.

Festival President Robin Greenspun issued a Friday statement citing "the current economic climate and the pressures it created."

Greenspun says organizers didn't want to let the economy affect the festival's quality, so they put the event on hold.

Artistic Director Trevor Goth says he hopes to relaunch CineVegas after the economy recovers.

This year's CineVegas was held in June at the Brenden Theatres inside the Palms Casino Resort.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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