The future of Aussie music festival FOMO is in serious doubt, with reports that the event has gone into liquidation and creditors owed millions of dollars.
In an insolvency notice filed with the Australian Securities and Investments Commission (ASIC) on Tuesday, May 15, the festivals status was confirmed to be in liquidation.
Notice is given that at a general meeting of the members of the Company held on 15May2020, it was resolved that the Company be wound up and that Kathleen Vouris be appointed liquidator(s), reads the notice.
FOMO was one of the few Australian festivals to take place in 2020, with acts including Brockhampton, Lizzo, Kaytranada, Meduza, Madeon and more taking in dates across early January in Brisbane, Adelaide, Sydne…
Read the full article at: https://musicfeeds.com.au/news/fomo-festival-goes-into-liquidation/