Heres How Much Money Soundwave 2015 Acts Are Owed
Written by Music Feeds on December 17, 2015
With Soundwave 2016 officially cancelled and Soundwave 2017 definitely not going ahead, large sums are still owed to over 50 acts who took part in the 2015 edition of Soundwave in February.
Documents obtained from the Australian Securities and Investments Commission (ASIC) from a meeting of Soundwave creditors on 7th October detail the money creditors believe Soundwave acts are owed.
The figures, which can be viewed in full below, were submitted by representatives of Soundwave 2015 acts and booking agents and run between $5,720.60 owed to Melbourne band Ne Obliviscaris and $2,132,075 owed to rock heavyweights Soundgarden.
Other notably high figures included in the list are over $1.6 million reportedly owed to Slipknot and over $1.26 million to The Smashing Pumpkins. Theres also over $1.18 million owed to live entertainment company Live Nation Worldwide, but most individual amounts are much lower than these.
Administrators believed the amounts to be correct, as of that meeting. They were still waiting on formal proof from all the creditors at the time, and not all of Soundwaves 2015 acts appear on the list.
Also, the amounts listed below only represent the debts owed to Soundwave bands and to Live Nation, and not the debts it owes to companies involved, such as venues, venue fencing and security.
Read the list of debt owed to Soundwave 2015 acts, below. Or, for more background info, check out our op-ed The Truth Behind The Death Of Soundwave Festival.
Debts Owed To Soundwave 2015 Acts (In $AUD)
All Time Low $141,144.70
Animals as Leaders $16,607.14
Antemasque $138,721.43
Apocalyptica $65,601.90
Area-7 $7,594.20
Atreyu $52,044.64
Coldrain $16,270.50
Crossfaith $25,431.55
Deathstars $17,500.00
Dragonforce $21,000.00
Emilys Army $19,185.29
Escape the Fate $21,985.68
Faith No More $751,076.20
Falling In Reverse $54,064.98
Fall Out Boy $394,107.14
Fear Factory $78,263.96
f**ked Up $24,779.40
Gerard Way $89,510.75
Godflesh $33,314.00
Godsmack $200,000.00
Hollywood Undead $65,183.54
Incubus $571,428.58
Judas Priest $349,560.55
Killer Be Killed $24,513.00
Lagwagon $30,274.52
Lamb of God $161,323.33
Live Nation Worldwide, Inc $1,180,325.56
Lower Than Atlantis $18,800.06
Marilyn Manson $588,000.56
Millencolin $91,874.50
Ministry $203,952.01
Monuments $19,153.00
Ne Obliviscaris $5,720.60
New Found Glory $43,279.88
Nonpoint $8,137.54
Nothing More $35,000.00
Of Mice and Men $29,040.00
Papa Roach $93,050.93
Patent Pending $22,000.00
Slash $484,628.00
Sleepwave $17,470.35
Slipknot $1,645,299.29
Soundgarden $2,132,075.00
Steel Panther $92,517.57
The Aquabats $32,787.26
The Color Morale $11,464.58
The Interrupters $20,231.14
The Raglans $11,059.82
The Smashing Pumpkins $1,267,446.43
The Swellers $21,412.24
The Treatment $8,193.74
The Vandals $57,142.86
Tonight Alive $38,500.00
Twin Atlantic $20,154.85
