Agents, artists out of pocket after PMF bankruptcy
Bankruptcy docs reveal artists, managers and a PRO are owed hundreds of thousands of dollars by Pemberton Music Festival, as WME hints at legal action to force refunds
News By | 26 May 2017
Booking agencies, artists and management companies are among those owed a combined C$13.2 million (US$9.8m) by Pemberton Music Festival Limited Partnership and 1115666 BC Ltd – the two holding companies behind Canada’s Pemberton Music Festival (PMF), which filed for bankruptcy last week.
PMF, promoted by New Orleans-based Huka Entertainment, entered receivership last Friday after finding itself unable to plug a $10m hole in its finances for 2017. Administrators at Ernst & Young (EY) advised the festival will not be reimbursing those with…