Stereosonic 2016 has been canceled.
Organisers Totem Onelove Group responded to recent speculation about the cancelation in a brief statement on Facebook:
Totem Onelove Group is currently working on bringing Stereosonic fans the best festival experience possible. As part of this, we are taking a hiatus during 2016. However, we will return in 2017, bigger and better. Launched in 2008, Stereosonic is one of Australia's most popular electronic music festivals. While much of it's lineup is dedicated to EDM and trance, house and techno acts such as Patrick Topping, Tale Of Us and Scuba have all played at recent editions.
Rumours about this year's cancelation were triggered by the much publicised financial troubles of Totem Onelove Group's parent company, SFX Entertainment. "Totem Onelove will continue to operate as normal," General Manager Damien Kease said earlier this year. "We are cash-flow positive, can and will pay business expenses and remain committed to planning for, preparing, and producing the festival and events we are known for. The hiatus follows a number of drug-related deaths on last year's tour.