OXEGEN is back after a one-year break- and this time it’s recession friendly.
The music festival will be shorter, smaller, cheaper and will be held later in the summer.
Capacity has been slashed from 80,000 to just 50,000 and it will take place over two days during the August Bank Holiday weekend instead of its usual three days in July.
Organisers will be hoping that holding it a month later will improve the chance of better weather after a series of wash-outs in recent years.
In a bid to encourage early ticket sales, music fans who purchase tickets in the first 24 hours they go on sale will save €75 on 2011 prices.
With the price reduction, three-day weekend camping tickets cost €149.50 while two-day weekend tickets - without camping - cost €129.50.
Details on what acts will appear at the event have not yet been confirmed.