SFX Entertainment

  1. SFX Chairman Robert Sillerman Offers Plan to Take Company Private

    February 25, 2015 12:32 PM EST SFX Entertainment chairman and CEO Robert F.X. Sillerman has proposed taking the EDM-focused music promotion company private by buying out all of the outstanding shares not already owned by him for $4.75 per share in cash. According to Bloomberg, ...

  2. Tomorrowland's Brazil Expansion Confirmed for May 2015 (Video)

    July 21, 2014 10:15 AM EDT Tomorrowland, the Belgian electronic music festival that expanded last year to Atlanta in the U.S., is officially heading to South America. Confirming earlier reports , Tomorrowland Brasil will take place May 1-3, 2015 in Itu, Brazil, outside of S ...

  3. Tomorrowland Eyes Brazil Installment for 2015 (Report)

    July 15, 2014 7:18 PM EDT Tomorrowland, the infamous Belgian electronic music festival that last year expanded to the U.S. with Atlanta’s TomorrowWorld , may be expanding yet again. Brazilian media outlets are reporting that festival organizers have signed on host a Sao Pa ...

  4. Does EDM Work on Radio? Behind a Boston Station's Pivot from Dance to Country

    July 03, 2014 10:49 AM EDT At 3 p.m. EST on June 14, Boston's Clear Channel all-EDM radio station Evolution 101.7 (WEDX) abruptly switched formats to all-country 101.7 The Bull (WBLW). “We are excited to launch 101.7 The Bull, a fresh new take on Country music, for our ...

  5. SFX and Viagogo Sign Five-Year, $75 Million Global Sponsorship Deal

    June 20, 2014 5:16 PM EDT EDM conglomerate SFX Entertainment has signed a five-year, $75 million international sponsorship deal with ticket reseller Viagogo. Under the new deal, Viagogo becomes the authorized source for resale tickets for all of SFX’s festivals and events ...

  6. EDM King Bob Sillerman’s SFX Compensation Doubled to $30 Million in 2013

    May 05, 2014 6:44 PM EDT Bob Sillerman, the colorful and controversial founder and CEO of publicly-traded EDM conglomerate SFX Entertainment, saw his total compensation double to over $30 million in 2013 thanks to an increase in a variety of option and stock awards. Sil ...

  7. Biz Stock Ticks: This Week's Entertainment Indices 3/17-3/21

    March 21, 2014 3:54 PM EDT Biz Related News:   Apple Mulls Launching Spotify Rival, Android App as Downloads Decline (Sources)       Biz Related News:           Biz Related News:           Biz Related News: Google, Viacom Settle YouTube Copyright Lawsuit       Biz Related N ...

  8. SFX Enters Ticketing Business with $16.2 Million Acquisition of Europe's Paylogic

    December 03, 2013 8:01 AM EST In a continuation of its digital expansion, SFX Entertainment has entered into the live event ticketing business with the acquisition of European ticketing company Paylogic. SFX has purchased 75% of Paylogic for about $16.2 million. The ticketi ...

  9. Rock in Rio's Roberto Medina Reveals Plan For Las Vegas Festival in 2015: Exclusive

    November 25, 2013 4:32 PM EST The Rock in Rio music festival is slated to hit the Las Vegas strip in May 2015, Rock in Rio founder Roberto Medina revealed exclusively to Billboard Monday.   Medina predicts that the four-day Rock in Rio Las Vegas he says is planned for early ...

  10. SFX's First Earning Report Shows Work in Progress

    November 22, 2013 12:39 PM EST In the third quarter, and first as a publicly traded company, SFX Entertainment posted a net loss of $28.6 million on revenue of $48.7 million. With less than a month from the initial public offering to the end of a quarter, investors don't h ...

  11. SFX Beefing Up Digital Capabilities, Plans to Buy Tunezy, Fame House and Arc90

    October 24, 2013 12:59 PM EDT SFX Entertainment's buying spree is extending well beyond the concert promoters that create the core of the EDM company's business model. Its next three additions, Tunezy, Fame House and Arc90, will give SFX a variety of digital capabi ...

  12. Business Matters: First Day of SFX Trading Highlights Intricacies of IPO Market

    October 09, 2013 7:50 PM EDT SFX Entertainment had a market value of $1.05 billion on Tuesday evening (Oct. 8). By the following afternoon, after SFX’s first day on the Nasdaq, the company’s market value had fallen to $919.2 million. That's the IPO market for you.   An ...

  13. Insomniac CEO Pasquale Rotella on Live Nation Deal, Festival Deaths, SFX and Dance Music Awards (Video)

    October 09, 2013 3:52 PM EDT Pasquale Rotella organized his first dance music event in the early ’90s at 18 years old. Now he’s one of the biggest players in the EDM festival market. As CEO of Insomniac Events, Rotella has produced hundreds of EDM concerts and festivals, in ...

  14. SFX Shares Fall Below IPO Price on First Day of Trading

    October 09, 2013 12:19 PM EDT Shares of SFX Entertainment were trading at $10.84 at midday Wednesday, about 16.5% below the $13 initial public offering price .   SFX offered 20 million shares priced at $13.00 a share, raising $260 million and valuing the company at just over ...

  15. SFX Entertainment Raises $260 Million in IPO Pricing; Company Valued at Over $1 Billion

    October 08, 2013 10:14 PM EDT Bob Sillerman's SFX Entertainment has raised $260 million on Wall Street ahead if its public market debut on Wednesday  (Oct. 9). SFX raised $260 million on Wall Street ahead if tomorrow's public market debut. The two-year-old EDM busi ...

  16. Morning Fix: SFX's IPO Filing Puts Market Value at $1.1B; How the Michael Jackson-AEG Verdict Could Change the Business; Internet Radio Goes Mainstream

    September 27, 2013 8:45 AM EDT Get the Morning Fix Delivered To Your Inbox HERE SFX SETS TERMS FOR IPO, PROPOSED MARKET VALUE PUTS COMPANY AT $1.1 BILLION SFX Entertainment, the electronic dance music promotions company founded in 2011, filed details yesterday with the Securi ...

  17. SFX Sets Terms For IPO, Proposed Market Value Puts Company at $1.1 Billion

    September 26, 2013 5:32 PM EDT SFX Entertainment, the electronic dance music promotions company founded in 2011, filed details yesterday with the Securities and Exchange Commission regarding its initial public stock offering, which put the company’s market value at $1.1 bil ...

  18. SFX IPO: Robert Sillerman's Growing 'EMC' Empire

    June 27, 2013 4:16 PM EDT SFX Entertainment, the company that’s been snapping up global electronic music businesses since June of last year, filed for an IPO on Monday that revealed its executive team, potential challenges, and several of its next moves. In addition to ...

  19. Live Nation to Purchase 50% Stake in Insomniac Events (Report)

    May 02, 2013 10:03 PM EDT Live Nation is close to finalizing a deal to buy a 50% stake in EDM promoter Insomniac Events, according to a report in the Wall Street Journal, which cited people familiar with the deal. This information, including the speculative numbers (whic ...

  20. Robert F. X. Sillerman Returning To Live Biz, Eying EDM Companies: Report

    June 05, 2012 10:16 PM EDT Media mogul Robert F. X. Sillerman is reportedly making a return to the live entertainment business -- this time with hopes of capitalizing on the latest electronic dance music trend. Sillerman, who in the 1990s consolidated regional concert promo ...

  21. This Could Change Your Business: House To Update Communications Act

    May 26, 2010 12:00 AM EDT The leaders of several House committees and subcommittees announced on Monday they will "start a process to develop proposals to update the Communications Act." The first step in the process is in invitation to stakeholders to take part ...

  22. Audit Bad News For Clear Channel

    September 27, 2005 12:00 AM EDT Bill Graham Presents and its parent company Clear Channel Entertainment have shortchanged Mountain View, Calif., by at least $3.6 million since 1999, according to an independent audit, city officials NASHVILLE -- Bill Graham Presents and its paren ...

  23. Sillerman To Buy 85% Of Elvis Enterprises

    December 16, 2004 12:00 AM EST Robert F.X. Sillerman, known for his massive consolidation efforts in the radio and concert promotion industries, has reached a definitive agreement to acquire an 85% stake in Elvis Presley Enterprise Robert F.X. Sillerman, known for his massive c ...

  24. Antitrust Suit Continues Against Clear Channel

    August 31, 2004 12:00 AM EDT A federal judge in Chicago has found sufficient evidence to allow an antitrust suit against Clear Channel Entertainment to proceed to trial. A federal judge in Chicago has found sufficient evidence to allow an antitrust suit against Clear Channel ...