AvaCon is the group that arranged the Second Life™ Community Conventions. They provided the service to Linden Lab™ via a paid contractual arrangement. This year the contract terms were unacceptable to AvaCon. They are not saying what the deal buster was. Of course I haven’t heard anything out of Linden Lab either way.
Whether the Lab will retain another company, arrange the event in-house, or just forget it, we don’t know. But, it doesn’t look good. Someone will have to be hustling to arrange the convention.
Daniel Voyager apparently noticed the post on AvaCon’s blog. He has an article about it: SLCC 2012 Cancelled, which seems a bit overly pessimistic to me, but he may be right.
I am sure someone has a call into a contact within the Lab to see if they can get a statement. I don’t have those kinds of contacts within the Lab. I won’t give up all hope until I her something from a Lab spokesperson. I also won’t be betting against Daniel’s conclusion.