Stereosonic founders coming after SFX for $10 million The festival's original five founders allege they are owed over $10 million from the original purchasing price offered by SFX.
SFX lays off 50 employees as part of restructuring plan Entertainment monolith SFX continues to take steps to emerge from Chapter 11.
SFX granted an $80 million bankruptcy loan The loan will be used to pay off senior investors and for operational expenses
