SFX Puts Flavorus on the Auction Block

SFX Puts Flavorus on the Auction Block

Bad news everyone… SFX Entertainment just can’t seem to catch a break this year. If declaring bankruptcy, cancelling multiple music festivals, having its own CEO step down, and even being court ordered to pay Artists upfront weren’t enough for you, it seems as though SFX is going to be auctioning off yet another one of their many assets (in addition to Beatport and Fame House), the ticketing service company Flavorus.

SFX acquired Flavorus back in 2014 when it was the biggest ticketing service for the EDM scene, having exclusive rights to big name festivals and Dance Music shows such as Electric Daisy Carnival and Hard Summer Music Festival.

Opening bids for Flavorus will commence on May 19th, the actual auction will take place on May 23rd, and the sale hearing will finalize on the 26th. Check out the legal documents below for more legal oriented details.

Via We Got This Covered

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s