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Hypervibe, the organizers of the Rock USA and Country USA festivals in Oshkosh, WI, have officially filed for bankruptcy. The company made the decision in an effort “to refund the remaining assets/cash to ticketholders.” Hypervibe said the following: “To Ticketholders of Country USA and Rock USA: Many of you have attempted to contact us regarding…
According to Billboard, Mayhem Festival co-founder John Reese’s Synergy Global Entertainment has filed for Chapter 7 bankruptcy protection in the U.S. Bankruptcy Court in California’s Central District. The promotion company, which was behind Ozzfest Meets Knotfest, MUSINK Festival, etc., currently “owes $8.4 million to its creditors, according to the filing, and has about $1 million…
Outaouais Rock, the company behind Montebello Rockfest in Montebello, QC, have announced that they are filing for bankruptcy. Despite this, the festival’s founder Alex Martel has assured fans that the festival will live on. Martel said the following: “Today, the Outaouais Rock organization, which has operated Rockfest since 2008, has filed for bankruptcy. The end…
Just over a week after the 2018 Montebello Rockfest, the festival has filed for bankruptcy protection. The event has accumulated over $5 million in debt, but organizers intend on keeping it going. Spokesperson Gilles Corriveau commented: “It’s a long-term decision, it’s not a short-term decision; they want to find a way to organize everything correctly…
Gibson guitars maker, Gibson Brands, Inc. have revealed that they have filed for Chapter 11 bankruptcy protection in Delaware after gaining $500 million in debt. Part of the problem comes from a decline in sales from their consumer electronics business. They plan to wind down that part of the company, so they can shift their…
Metal Anarchy
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