Organisers of Rockness said the festival will return in 2015 but will not go ahead this summer due to the World Cup in Brazil, Commonwealth Games and other large-scale events happening in Scotland.
It has grown from a one-day event to a three-day festival since it was first held in Dores, on the banks of Loch Ness, in 2006 and usually attracts more than 30,000 people.
The World Cup starts on June 12 and the 700th anniversary of the Battle of Bannockburn is also being marked with a festival in Stirling at the end of June. The Commonwealth Games begin in Glasgow on July 23, with a series of cultural events and the Queen's baton relay set to attract much attention in the build-up.
Artists including Chemical Brothers, Daft Punk, Fatboy Slim and Mumford & Sons have performed at Rockness over the years, with Example, Basement Jaxx and Ellie Goulding headlining last year.
A statement from organisers on the Rockness Facebook page said: "We'd like to thank you for your support over the last eight years. Due to the addition of a number of events alongside the World Cup and the Commonwealth Games we've decided to take a year off.
"We're using this break to make the event bigger and better than ever in 2015 so have an amazing summer and see you back at the loch next year."