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Bouncing Juggalos
Checks reportedly totaling hundreds of thousands of dollars have bounced. One vendor, Event-Tex, which provided power and distribution for the event, issued a “provisional warning to other industry professionals” regarding promoter Psychopathic Records.
“In conversation with many of the other vendors who were contracted for the event, it has been learned that none of them have been paid,” owner Patrick Gail told the Southern newspaper. “The total amount owed from our discussions with the vendors exceeds $300,000.”
Psychopathic Records, which manages ICP, confirmed to Pollstar that this year’s event had unexpected financial hardship.
“The Gathering of the Juggalos is a 100 percent independent music festival with no corporate sponsorship,” a spokesman said, “and putting on a five-day music festival this ambitious is a very time-consuming and expensive process.
“Unfortunately, in our attempt to provide the best possible event for our fans, expenses exceeded estimates and expectations, which we had not previously planned for.
The company putting on the event, Juggalo Gathering, Inc., has no intention of turning its back on these financial obligations and is in the process of preparing a plan to take care of all vendors.”