Looks like Stereo might still return “bigger and better” in 2017.
However, organisers say it won’t affect the festival.
SFX Entertainment, the company which owns Australian electronic music festival Stereosonic, is facing new ownership. The organisation is selling its assets at the same time they’re facing a looming refund-based hell resulting from thousands of punters being left stranded overnight in mud and rain at its TomorrowWorld festival in the US state of Georgia. In