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It's Just Business

Soundwave Cancelled; Still Likely Owes Millions Of Dollars To Bands Who Played In 2015

Posted by on December 18, 2015 at 11:07 am



Are you excited for Soundwave 2016? Well you shouldn't be, because that shit is cancelled! Founder and organizer A.J. Maddah had this to say about the festival's cancellation, which mostly involves the fact that nobody was going to it anymore.

"I am devastated to have to announce the cancellation of Soundwave 16 due to poor ticket sales. I am very sorry. I tried my best. Thank you to all the fans, bands and people who supported the event for the last 12 years. I wish we could have ended it on a better note."

Well that sucks… and on that same note, even if ticket sales were good, wouldn't bands still want to play? Music Feed AU posted up this list of expenses the festival taken from "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 expenses range from a few thousand bucks to tens of millions for bands.

Are you ready for this insanity? These are all in $AUD. The current exchange rate is about $0.71 USD to $1 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
  • Emily’s 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
  • Fucked 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

Holy hell! Are any of these numbers shocking to you?

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