FORT MYERS BEACH, Fla.- The 7th Annual Fort Myers Beach Pirate Festival has been postponed.

The new date for the event is yet to be determined. Those interested are encouraged to visit www.fortmyersbeachpiratefest.com for updated information.

The festival brigns substantial revenue to Fort Myers Beach businesses each year.

The event organizers released a statement explaining, "This year, due to obstacles both new and old, we feel it is in the best interest of all parties, both those investing their time and money and those paying patronage; that we postpone the event to ensure that we are able to provide the best show possible to our sponsors, vendors and patrons."