LA's Sunset Strip Music Festival is apparently over after posting losses of more than $1 million from last year’s event, according to Buzzbands.la.

Run by the Sunset Strip Business Association (SSBA), the festival was launched in 2008 to celebrate the Strip’s music heritage. The association is funded by a fee levied on local businesses along the Sunset Strip. 

Jane’s Addiction (pictured) and Empire Of The Sun headlined in 2014, but a poor turnout led to it recording ...