Official Announcement that Stereosonic has been Cancelled
Rumours were circling the EDM world this morning that the Australian Music Festival Stereosonic has been canned forever (Sad Face Emoji)!
It was reported that promoters Totem OneLove and SFX Entertainment have cancelled the summer festival tour, after the death of two people and dozens more overdosed on drugs in 2015.
Although this morning Stereosonic have taken to Facebook to announce that they will be taking a hiatus in 2016 and returning bigger and better in 2017!
This gives some hope for the festival punters so don’t throw out your singlet’s and protein powder just yet!
The announcement follows the news that their Melbourne office is up for lease being advertised on realestate.com.au.
Earlier this year the company filed for bankruptcy in the US following some business downsizing and reshuffling in the company affecting the Aussie arm.