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. Related Posts: Judge rules in favor of Marshmello in ‘Happier’ copyright case against ARTY Bassnectar denies sex trafficking, child pornography allegations
SFX lays off 50 employees as part of restructuring plan Entertainment monolith SFX continues to take steps to emerge from Chapter 11. Related Posts: Insomniac to forge ahead with EDC Las Vegas’ 25th anniversary in May Insomniac rumored to be moving ahead with EDC Las Vegas, proposed reduced capacity over split weekends
SFX granted an $80 million bankruptcy loan The loan will be used to pay off senior investors and for operational expenses Related Posts: Tomorrowland to honor third anniversary of Avicii’s passing with day-long tribute Eric Prydz reschedules HOLOSPHERE shows for 2022