After 2014 and 2015 talks of SFX Entertainment making purchases related to Alda Events, it seems as though the tables have turned. The deal was originally going to be for half of the events Alda has involvement in for the price of $23.4 million. Breach of contract occurred when SFX Entertainment did not follow through with […]
SFX Entertainment Seems to be Losing Dutch Promoters and a Festival Next
SFX is back in the news, as they go through their assets during the majority of the bankruptcy case. With such bad publicity like: It coming to light that they must file for bankruptcy The company begins cancelling festivals like TomorrowWorld They begin auctions on their assets It comes out that they have partial lineups that begin getting leaked And […]
One Tribe Festival Cancels Inaugural Event
This afternoon, ID&T unfortunately announced that the inaugural One Tribe Festival in Southern California has been cancelled. This is an unfortunate story as One Tribe was a step back from your traditional EDM and music festival, bringing in lots of house and techno instead of the usual headlining acts and preaching unity while trying to […]
Founder of ID&T, Duncan Stutterheim Leaves Company
Apparently not all is well in the festival space. It is being reported this evening that founder of entertainment company ID&T, Duncan Stutterheim, has left the company. ID&T is best known for its massive festivals that it holds around the globe, including Tomorrowland, TomorrowWorld and Sensation. Stutterheim leaving the company could likely be linked to the purchase […]
ID&T Decides to Take On Disney with Tomorrowland
On May 22nd, Disney will be putting out a movie titled, Tomorrowland that features George Clooney and Hugh Laurie. ID&T is challenging The Walt Disney Company over the title of the movie in the Netherlands, Luxembourg and Belgium. This is because that is where ID&T holds a trademark of the name since 2005. This comes not as […]