Somehow it all seemed horribly inevitable.

The announcement that the city’s much-vaunted OxfordOxford festival had bitten the dust was received with disappointment, sadness but little surprise.

As we report this week, the three-day event fell victim to poor ticket sales and widely-reported (though, it seems unsubstantiated) rumours that one of its biggest stars, katy B, was pulling out.

Organisers Eleven 11 Events, which has former Oxford Brookes graduates as director and project manager, have been conspicuously tight-lipped about the debacle, beyond issuing a vague apology on their website.

For a company which had previously organised events as part of the London 2012 Olympics and Queen’s Jubilee celebrations, we might have expected more. Yet the writing was on the wall from the very beginning.

For a start, the timing was off. Late September is a terrible time to stage an event in a city like Oxford. It is too late in the season for music-lovers, already cash-strapped after a string of local events, and too early to get students onboard.

Then there was the bizarre drip-feeding of information, and the line-up itself. While indie-rock fans would have been delighted to see Klaxons and our very own Gaz Coombes gracing the bill, these guys were unlikely to catch the imagination of anyone under the age of 30 — which was exactly the demographic they ought to have been chasing.

They alienated Oxford folk further still by holding the launch party in Camden. Yes, in North London! You couldn’t make it up.

Fortunately the Oxford bands booked to play the event are savvier than both the organisers and their main backer Oxford City Council, which has been left with egg on its face.

Displaying admirable Dunkirk spirit, acts have united to play an all-dayer at the Art Bar in Cowley Road, staged by Oxford promoters PinDrop and local crowd-sourcing ticket site This Is Good Music — or Tigmus. Hence its name: TigFest.

It is headlined by space-folk-drone-rockers Flights of Helios, with sets by Balloon Ascents, Robot Swans, After The Thought, Jordon O’Shea, Death of HiFi, and Count Drachma - featuring brothers Oli and Rob Steadman from Cowley folk-pop stars Stornoway.

Proceeds go straight to the artists, with a donation made to Audioscope, which raises money for the homelessness charity Shelter.

Tickets are £8 from wegottickets.com