It's been a pretty rocky three months for organizers of the New Pantheon Award ceremony.

When it was first announced back in November, the New Pantheon Award was trumpeted as a better version of the Shortlist Music Prize, the award created to spotlight albums that flew beneath the mainstream's radar. Pantheon organizer Tom Sarig said it would be "a platform and a way to shine a light on musicians who might not get the attention they deserve," though many failed to see the difference between it and the Shortlist (see "Linkin Park's Bennington, Shinoda Help Do The Honors For Shortlist's Successor"). Gregg Spotts, who founded the Shortlist with Sarig back in 2001, even went so far as to threaten his former colleague with legal action if the New Pantheon ceremony was to continue on as planned.

And now, less than two weeks before the first New Pantheon Award was supposed to be handed out — nominees include Death Cab for Cutie, Fiona Apple and the Kings of Leon (see "Death Cab, M.I.A., Fiona Among New Pantheon Finalists") — organizers have announced that the event has been rescheduled, moved from February 6 to an undetermined date in March.

"We've decided to reschedule the inaugural event for the New Pantheon Award to give us greater opportunity for reaching our goals of making the best show possible," Sarig said in a statement released to MTV News late Wednesday. "The New Pantheon was created as a forum to shine a light on and build audiences for the most creative albums of the year by emerging artists. Rescheduling to March 2006 will in effect allow us to achieve the vision we set out to accomplish."

No reason was given for the abrupt rescheduling, and Sarig was unavailable for further comment as he's out of the country. But a spokesperson for his management company, Esther Creative, said that the event was moved to March in order to accommodate the schedules of all the artists who wanted to be a part of the initial NP ceremony and concert.

The spokesperson went on to add that the rescheduling in no way means that the ceremony is in danger of being canceled altogether, saying that rumors of its demise are "completely incorrect" and that NP is still "completely on."