Home » EDM News » Court Forces SFX To Reserve $15 Million For Artists, TomorrowWorld Finished

Court Forces SFX To Reserve $15 Million For Artists, TomorrowWorld Finished

After the cancelation of TomorrowWorld due to financial struggles from major EDM festival promoters SFX Entertainment, a new court ruling now shows how little faith the court has in SFX’s financial outlook.

A few months ago, there was a report that SFX Entertainment filed for chapter 11 bankruptcy. TomorrowWorld, held in Atlanta, GA during the last weekend of September, was cited to be in major trouble because of SFX’s financial woes.

TomorrowWorld SFX EDMInStereo.com

Farewell, TomorrowWorld. SFX Entertainment chose to cancel the EDM festival this year.

Though this is ensuring artists get the pay they are due, this may prove to be too much of a burden for SFX because of massive debts they already owe.

TomorrowWorld 3Read more about TomorrowWorld’s cancelation and watch the final TomorrowWorld After Video on the next page: 
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