One of Australia’s biggest music festivals has gone into liquidation, leaving nearly $5 million owing to creditors.

FOMO, which this year brought mega-acts Brockhampton and Lizzo to Australia and in previous years has been headlined by the likes of Nicki Minaj, SZA and Post Malone, began as a small event in Brisbane in 2016 and has rapidly grown to one of the most anticipated festivals in the summer circuit.

Fomo Festival has gone into liquidation.

Fomo Festival has gone into liquidation.

The 2020 event played in Brisbane, Sydney, Melbourne and Adelaide in January and attracted crowds of more than 10,000 people in each city.

Documents lodged with the Australian Securities and Investment Commission last week reveal Fomo Festival PTY LTD owes $148,540.43 to three partly-secured creditors and nearly $5 million to unsecured creditors.

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