According to a story reported by Sydney-based The Daily Telegraph (unfortunately hidden behind a paywall), organizers Totem OneLove and their parent company SFX Entertainment have canceled this year's Stereosonic Music Festival possibly due to the deaths of two people at last year's festival. Although Totem OneLove and SFX Entertainment have failed to comment, the paper was … [Read more...]
SFX Entertainment Declares Bankruptcy
Due to a series of financial difficulties, SFX Entertainment, the company responsible for putting on some of the biggest festivals in the world from Tomorrowland to Electric Zoo, has filed for chapter 11 bankruptcy. Despite the $20-million in funding the company received in January , it seems as if the esteemed entertainment conglomerate could be on its way out. Scheduled to … [Read more...]
Life in Color’s Sebastian Solano Named SFX Entertainment Senior Executive
In interesting EDM news, Life in Color co-founder Sebastian Solano was recently announced as SFX Entertainment's newest senior executive. Taking charge of one of the industry's largest event divisions, Sebastian will be responsible for two of SFX's largest properties: TomorrowWorld and Electric Zoo. And while only being on the job for a few days, Solano is already looking for … [Read more...]
