Facebook Inc is pulling out of this year's South by Southwest (SXSW) music and tech festival over growing concerns about the coronavirus outbreak, a spokesperson for the company said on Monday.

The virus outbreak, with a global death toll exceeding 3,000, has spread to more than 60 countries, upending global supply chains and threatening economic growth.

It has led to the cancellation or disruption of other events including The Mobile World Congress in Barcelona and Facebook's F8 annual developers conference last month.

SXSW, set to be held in Austin, Texas, next week, did not immediately respond to a Reuters request for comment. It has previously said the event will proceed as planned despite "a handful" of cancellations related to the virus.

Your premium period will expire in 0 day(s)

close x

Subscribe to get unlimited access Get 50% off now

Subscribe now