Maddah says Soundwave ‘punished for success’
Promoter AJ Maddah has criticised the suggestion Adelaide taxpayers have been hurt by Soundwave's bankruptcy, saying the metal festival gave back far more than it took
News By IQ | 6 June 2017
Soundwave founder AJ Maddah has hit back at reports Adelaide taxpayers have been forced to foot the debt accumulated by the now-defunct festival.
It emerged yesterday that Adelaide City Council (ACC) has agreed to permanently write off more than A$75,000 (US$56,00) owed by the metal festival, with News Corp tabloid The Advertiser writing that Soundwave “has ended up costing ratepayers about $75,000”.
That’s a reductive statement, says Maddah, which ignores the enormous contribution made by Soundwave to the Adelaide area between 2008…
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