The Age ·general ·1 hour ago

Australia’s first music school empire collapses, owing $1.8 million

Australia’s first music school empire has collapsed, owing $1.8 million to creditors, as it attempts to rise again under another name. Stormer Music, run by brothers Phil and Joel Stormer, touted itself as the next Silicon Valley-inspired business to disrupt Australia’s music industry and celebrated its success with a lavish yacht party on board the 75-foot Aquarius.

Summary by Glance · The Age

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