Tag: bankruptcy

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Brooklyn Mirage Files Demolition Permit: Uncertain Future for Iconic Venue

The Brooklyn Mirage, one of New York City's most beloved electronic music destinations, has filed a permit to demolish a significant portion of its...

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Destination Party Producer Pollen Files for Bankruptcy

Following on the heels of Drumcode cancelling their festival next month to take place in Malta due to Pollen not meeting their contractual agreements,...

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Guitar Center in major financial trouble, may file for bankruptcy

Guitar Center, the only major retail music store one can purchase all sorts of gear used for djing and producing, this week had their...

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Canadian music festival canceled – major industry player calls it ‘fraud’

Canada's Pemberton festival scheduled for later this year and recently canceled was called out my WME's (William Morris Endeavor) head of music Marc Geiger...

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SFX bankruptcy plan approved with ~$400mm in debt wiped out

According to the Wall Street Journal, the bankruptcy case handling SFX Entertainment's BK filing has approved a plan to wipeout approximately $400 million in...

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Flavorus EDM ticketing site sold to Vivendi for $4 Million in SFX asset auction

...SFX Entertainment continues to shed its various assets following its Chapter 11 bankruptcy filing in February, with the latest coming this week. The company...

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