Souled Out Pty Ltd in financial hot water
A major concert promoter selling tickets to a festivals in Brisbane, Sydney and Melbourne later this month is facing the prospect of winding up by a creditor if a court gives the green light.
QLD News
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A major concert promoter selling tickets to a festival at Brisbane’s RNA showgrounds later this month, as well as events in Sydney and Melbourne, is facing the prospect of winding up by a creditor if a court gives the green light.
Souled Out Pty Ltd, a company based at Bundall on the Gold Coast, is named as the respondent to an application filed in the Supreme Court in Brisbane by EventCo Group Pty Ltd.
The festival reportedly sold over 75,000 tickets across five cities last year.
EventCo Group Pty Ltd (EventCo) filed the application in court on January 9, court records state.
Souled Out Pty Ltd is behind the Souled Out festival billed as “Australia’s first and only new-wave R & B music festival” at the RNA Showgrounds in Bowen Hills on February 28.
The three headline acts are Don Toliver, Jhene Aiko and Vince Staples with tickets selling at $259 for VIP seating and $199 for general admission.
The VIP seats are sold out, according to OzTix.
The festival plays Melbourne on February 22 and Sydney on February 23.
It is the second time the two companies have fought in court.
On October 16 last year Souled Out Pty Ltd filed an application to set aside a statutory demand issued by EventCo.
A month later the deputy registrar of the Supreme Court dismissed the application by consent of both parties.
EventCo is owned by New Zealand-born Georgina Terry, 48, from Main Beach and Darren Benjamin Bell, 47, also from Main Beach.
Mr Bell describes himself on LinkedIn as managing director of EventCo and Ms Terry says she is a director on the same site.
EventCo state on their website that they have over 25 years experience delivering events across a range of industries.
They state that last year they managed artists and production and managed the site and operations at Souled Out across Australia and New Zealand in 2024.
EventCo has also worked on the Gold Coast Marathon, the Pacific Airshow and the Spilt Milk festival on the Gold Coast.
Souled Out Pty Ltd is jointly owned by NT-born Alexander Ross McDonell, 36, from Docklands in Melbourne; with co-founder artist agent Emmal Naim from Werribee South in Victoria; and Michael and Vedrana Zarafa, 39, from Sovereign Islands; and Kaitlyn Rose Porter, 33, from Pakenham in Victoria who is married to Dominic Porter, the founder of successful out-of-home care services company All Care Australia.
The Zarafa’s are also part-owners of All Care Australia.
McDonell is a music promoter, booking agent and venue owner, and the co-owner of
trendy Melbourne CBD nightclub Ms Collins, he says on LinkedIn.
He describes himself online as a “partner in Souled Out Music Festival”, separately he describes himself as a partner in the Promiseland music festival which took place on the Gold Coast last year.
McDonell is also a co-owner of music venue District 14 in Narre Warren.
Mr Naim states on LinkedIn he is an artist agent at Showcase Public Relations.
He was the co-founder of the Promise Village festival in Perth which was set to take place in October last year but was cancelled in July due to low ticket sales.
The case was listed for hearing in court on Thursday but shortly before it was due to begin, it was adjourned, to return on a date to be fixed.
Originally published as Souled Out Pty Ltd in financial hot water