Shanghaiist has just spoken to a promoter from Yuyintang. As of yesterday, they have had their application for the Midi Festival performance licence rejected, and have since announced on their Facebook page that the festival is now officially off. It was going to be held in the park behind the venue (Tianshan Gongyuan). The reason is confirmed as being a knock on from the Bjork incident and concern about ongoing protests in the run up to the Olympics.
We are told, however, that some performances will be staged inside the club itself … so watch this space.