No, read the press release. It actually makes sense. They get a pretty large audience with their own activities and don't need the events anymore. Arrogant, yes. Smart, maybe...
Oops! Turns out this quote isn't by Goethe after all but by W.H. Murray. Check it out: (http://german.about.com/library/blgermyth12.htm). The original quote which this one is based on was “Now at last let me see some deeds!” which is a line from Faust... :-)
Wow, that quote should be mandatory for everyone thinking about becoming an entrepreneur. Getting started is toughest hurdle to cross for most people...