Photo courtesy of Michael Miller/Groovefest
Just three days before it was scheduled to kick off its annual weeklong festival in the Dominican Republic, Groovefest has canceled its 2016 event.
According to a Facebook post published around 10 AM PST, the promoters cite being unable to hit ticket sale targets as the reason for cancellation, thus being unable to fulfill some of their contractual agreements. The situation gets even more grim, as they write, “the company has now effectively ceased trading and we have formally instructed insolvency practitioners… to assist us with the formalities of placing the company into liquidation.”
Groovefest was founded in 2012 by London promoters Jason Nelhams and Courtney Tuck as an all-inclus…
Read the full article at: https://thump.vice.com/en_us/article/groovefest-canceled-2016-liquidation
