Stereosonic is likely done. At least, according to The Daily Telegraph.
Following up on apparent industry speculation about the festival’s future, the paper attempted to get comments out of the festival’s organisers Totem OneLove Group and SFX Entertainment.
Of course, concerns about the festival’s continual existence have been exacerbated by summers’ string of tragedies. Both 25-year-old Sylvia Choi and 19-year-old Stefan Woodward died after taking illicit drugs at the Sydney and Adelaide legs of the festival, respectively.
However, many state governments remain vehemently opposed to the proposal; that factor, combined with looming financial struggles of Totem OneLove’s international presence, are suggestive of deep problems for the musical juggernaut.
Following the festival’s recent horror run, News Corp also reports a sizeable number of contributors to the festival have left the business. To clarify, again, there’s been no official statement about the festival’s future, but if this one’s legit? Shit. It’ll be the end of an utterly shredded era.
If Stereosonic has been cancelled then what have we been shredding for? What?????
— Scott Dooley (@scottdools) April 6, 2016
