TomorrowWorld Parent SFX Explores Fire Sale After Troubled Georgia Event
Thursday, October 1st, 2015
SFX Entertainment Inc., promoter of Georgia's TomorrowWorld, is currently exploring a fire sale of its assets, according to an Atlanta Business Chronicle sister publication.
The New York-based company, known for producing live events and festivals, overpaid for a number of properties it acquired over the years and "now the value has bottomed out," one source told the New York Business Journal.