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SXSW Pulls Plug on Sydney Conference After 3 Years

SXSW Sydney attracted over 345,000 attendees and generated $276 million in three years but ended due to shifting global market conditions impacting live events.

  • On Wednesday, SXSW announced it will no longer hold its Sydney festival and will not return in 2026, with organisers citing a changing global environment impacting live events.
  • After a review, Destination NSW decided to continue supporting major events after spending more than $12 million on SXSW, which worked with the NSW Government and Penske Media Corporation before halting plans.
  • Organisers said SXSW Sydney generated $76 million during its three-year run and attracted more than 345,000 attendees across 1,600 events at ICC Sydney and Darling Harbour.
  • Organisers said they will work closely with staff members to provide appropriate support following the cancellation, while SXSW posted `Every great story has a final page` and fans reacted with sadness.
  • Critics noted that SXSW Sydney charged local organisers $5,000 and paid many speakers, raising concerns about logistical problems and purpose, with Jessy Wu calling the event a 'rent-seeking leech'.
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adnews.com.au broke the news in on Wednesday, January 14, 2026.
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