The corporate behind one among Australia’s hottest music festivals has collapsed after a long-running sequence of setbacks.
The mum or dad firm of the Grass is Greener pageant, Hand Picked Occasions and Advertising and marketing, has gone into liquidation leaving $3million in unpaid money owed.
Oliver Frost, sole director of the pageant, has cited the pandemic, low ticket gross sales, excessive whether or not occasions and artists pulling out as the important thing elements for its collapse.
It comes as ticketholders of 4 cancelled legs of the pageant – in Cairns, Gold Coast, Canberra and Geelong – are nonetheless ready for refunds months after they had been axed.
The newest administration report reveals $120,900 continues to be owing to ticket holders.
Grass is Greener’s mum or dad firm, Hand Picked Occasions and Advertising and marketing, is out of enterprise eight months after their Cairns, Gold Coast, Canberra and Geelong festivals had been cancelled
Oliver Frost, sole director of the pageant, cited the pandemic, low ticket gross sales, excessive whether or not occasions and artists pulling out as the important thing elements for the liquidation
Dissatisfied music followers have slammed organisers on social media for the reason that cancellations had been introduced in November 2022.
‘Cannot you guys make an announcement concerning refunds so that everybody is a_ up to date and b) would not assume y’all are being snakey AF,’ one individual wrote within the feedback of a submit asserting the cancellation.
The Grass is Greener web page replied by asking them to e mail a now-defunct tackle for extra data.
By the top of December, followers had been nonetheless ready for tickets to be refunded.
‘It is virtually the top of the yr,’ a second individual wrote on-line. ‘I’ve despatched you an e mail and wrote to you on messenger, you guys replied as soon as.’
Feedback have since been disabled on the Grass is Greener Fb and Instagram pages.
A blanket replace saying ‘please test you emails for refund data’ was posted to the pageant’s Instagram web page in late 2022 for Geelong and Canberra ticketholders.
The web page has since been inactive.
Ticket gross sales for Grass is Greener had been so low they failed to fulfill the expectations of world artists, a few of whom started pulling out previous to their deliberate performances.
Ty Dolla $ign, ZHU, Maya Jane Coles and Sydney drill-rap outfit ONEFOUR had been amongst those that cancelled appearances at Grass is Greener festivals.
Mr Frost stated he understood the frustration of music followers however prices had spiralled uncontrolled.
‘Previous to Covid, we had placed on profitable music occasions for six years and our intention was to proceed to develop on these nice experiences for followers and artists,’ he instructed the Gold Coast Bulletin.
‘Sadly spiralling prices following Covid, coupled with unexpected excessive climate situations and an already powerful surroundings for the dwell leisure and hospitality industries, significantly contributed to this end result.
Ticketholder of the cancelled legs of the pageant have struggled to safe refunds in months after the reveals had been shelved, with $120,900 nonetheless owing to ticketholders
A latest string of cancellations within the music trade has disillusioned those that nonetheless wish to go, with one individual saying they will solely belief on-the-day ticket gross sales any more
‘It was by no means our intention to do something aside from create a pageant that had a optimistic financial affect for our neighborhood — together with for employees and suppliers, a lot of that are mates — and the artists concerned.’
Collectors have been instructed Mr Frost and fellow Grass is Greener co-founder Jonathan Eddings used the pageant’s cash to offer interest-free loans to Gold Coast eating places the pair had a stake in, the Bulletin reported
The eating places – together with Maman and Naami at Burleigh, Luciana Tapas at Tugun and Milky Lane at Surfers Paradise – in addition to an F45 health club in Lismore obtained greater than $760,000.
A report from the directors, BCR Advisory, confirmed that these loans wouldn’t be repaid.
‘Collectors will obtain an replace report inside three months of the liquidation appointment,’ Tom Vandermeer of BCR Advisory instructed the Bulletin.
A string of cancellations within the music trade has left wannabe festival-goers disillusioned, with one fan saying they are going to now solely belief on-the-day ticket gross sales.
‘After Promiseland, Stormzy and Grass is Greener, I’ve come to the conclusion that the easiest way to purchase live performance tickets is simply to purchase a resell ticket on the day,’ they wrote on Twitter.
‘It’s so unfair having final minute cancellations, ESPECIALLY if there’s no refund.’
Each day Mail Australia has contacted Mr Frost and BCR Advisory for remark.