Jade Presents Files for Bankruptcy

Jade Presents, the veteran concert promoter with over 30 years behind it, has filed for Chapter 11 bankruptcy—just weeks after announcing shutdown—with nearly $3 million in debt and only $400K in assets. Over 100 creditors, including Horizon Investment ($475K owed), the SBA, and merchant cash advance firms, are now in the mix. Thousands of ticket holders face uncertainty as the court works to notify them and process claims. Big-name shows featuring Alison Krauss, John Mulaney, and Mike Birbiglia remain in limbo, though Krauss has found a new venue. Meanwhile, affiliated ticketing company Tickets300 also filed for bankruptcy on the same day, with both cases now being handled together in an expedited hearing. The collapse stems from soaring costs and a shifting live events landscape. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ccb3be06487b2968