Plans are, however, being made for additional shows in specific markets across North America for 2006, according to tour organizers.
Event co-creators and co-executive producers Tommy Tallarico and Jack Wall announced the cancellation on the Video Games Live web site October 25.
"Building an original concept and production of this magnitude can only be accomplished with careful planning and the support of fans and music lovers everywhere. We are endeavoring to take every step to bring this innovative and distinctive experience to the public without sacrificing quality, " the statement read.
"Our vision to present the show in a number of cities across North America was very ambitious and we ask your patience in supporting us as we continue to build the awareness of this groundbreaking show in the months ahead."
The there were 20 dates on the intinerary for November and December, and it isn't known if any of the cities on the original schedule will be included on the 2006 tour.
"Because of the cutting edge characteristics and unique nature of the show, our greatest challenge is raising awareness and being able to explain to the general population what exactly the Video Games Live experience is all about," Tallarico and Wall said.
"The success of the July, 2005 inaugural show at the Hollywood Bowl, which drew over 10,000 people and garnered rave reviews, only bolstered our belief in this concept. We do not see this as a set back at all, but instead an opportunity to better develop and inform specific areas all across North America - one at a time."