All Time Low, Fall Out Boy among Australia’s 2015 Soundwave acts owed money

In wake of the cancellation of Soundwave 2016, large sums still are owed to more than 50 acts who took part in the February 2015 edition of the festival.

Austrailian digital music and lifestyle magazine Music Feeds reports that documents obtained from the Australian Securities and Investments Commission detail the money creditors believe Soundwave acts are owed (in Austrailian dollars).

Among the list are All Time Low ($141k), New Found Glory ($43k) and Fall Out Boy ($394k). See a list of more acts owed money below. 

Soundwave’s promoter, AJ Maddah officially announced on Twitter that Soundwave '16 has been cancelled “due to poor ticket sales” and will not be returning in 2017.

Recently, Soundwave was under scrutiny when apparent headliners Bring Me The Horizon said they were never guaranteed to perform at the festival after they were announced as headliners.  

Soundwave '16 attendees are entitled to refunds, but they must contact their ticket vendor.

Debts owed to Soundwave 2015 acts include (In $AUD):

All Time Low — $141,144.70
Atreyu — $52,044.64
Escape the Fate — $21,985.68
Faith No More — $751,076.20
Falling In Reverse — $54,064.98
Fall Out Boy — $394,107.14
Gerard Way — $89,510.75
Live Nation Worldwide, Inc — $1,180,325.56
Marilyn Manson — $588,000.56
New Found Glory — $43,279.88
Of Mice and Men — $29,040.00
Slipknot — $1,645,299.29
Soundgarden — $2,132,075.00
The Color Morale — $11,464.58
The Smashing Pumpkins — $1,267,446.43
The Swellers — $21,412.24
Tonight Alive — $38,500.00
Twin Atlantic — $20,154.85