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Stormer Music Collapses Leaving Millions Owed
Description
Australia’s biggest music school chain, Stormer Music, has collapsed under a $1.8 million debt pile, leaving franchisees unpaid, teachers stranded, and former employees—including international students—without recourse. Once hailed as a tech-disrupting force, the company fizzled out with just $10,000 in the bank, even as one brother launched a new company, Wattletree Music, taking over locations while creditors remain silent and unpaid.
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