As inthemix spotted, the Melbourne office just off Chapel St on Windsor is being listed as for lease on realcommercial.com.au. Photos of the building on the website show Stereosonic and Creamfields posters on the wall.
While it’s unknown if they’re simply moving to another location, this news fits with The Daily Telegraph‘s reports that, “all the core team behind Stereosonic have left [parent company] SFX and there’s hardly anyone left to put on the festival.”
“Plus SFX is dealing with bankruptcy in the US with the CEO Robert Sillerman gone and the business in disarray, it seems unlikely the festival will return,” a source close to the festival told the publication.
Earlier this year, SFX announced that it had filed for bankruptcy in the US amid a reshuffling of the business and downsizing. Melbourne-based SFX subsidiary Totem Onelove are yet to respond to any speculation that the festival is finished for good.
See the best and worst reactions to the news after it broke last night here.