Posts in tag

SFX


…SFX Entertainment has settled a lawsuit which alleged chairman and CEO Robert Sillerman stole their idea for the consolidated EDM promoter that became SFX. Paolo Moreno, a manager at Disco Donnie Presents; artist manager Lawrence Vavra; and Moreno’s brother, Gabriel Moreno joined SFX, Sillerman and Sheldon Finkel, SFX’s chairman of strategy and development, in reaching a settlement …

…SFX Entertainment Inc bondholders, who are looking for a savior for the electronic dance music festival promoter, are pinning their hopes on Live Nation Entertainment Inc, according to people familiar with the matter. Live Nation has shown interest in SFX and its assets, including its days-long festivals and events, according to the people. However, Live …

Electronic music festival organizer SFX Entertainment Inc (SFXE.O), which puts on days-long dance extravaganzas including New York’s ‘Electric Zoo’, is exploring a debt restructuring, a spokesman for its chief executive told Reuters on Monday. SFX has asked investment bank Moelis & Co (MC.N) to propose ways of slashing the company’s debt pile…. It is correct …

UPDATED: Tomorrowworld/ID&T has released a statement regarding the issues surrounding the Saturday night fiasco at the event. See statement and link for refunds: Friends, We understand and hear your frustrations and disappointments in the developments at TomorrowWorld over the last weekend. Our only goal was to create together with you the best weekend of the …

SFX Entertainment recently announced that the Danish techno festival, Awakenings, will launch in the North American market. The decision was based on the success of Awakenings events over the last eighteen years throughout Europe. Awakenings will make their US debut with their own stage at the Electric Zoo Festival over Labor Day weekend in New …

Finally there is a streaming service dedicated to dance music aficionados. The SFX Entertainment owned download site for fans and DJs, Beatport, recently launched Android and iOS apps. SFX Entertainment is one of the largest EDM companies that is behind summer events like Mysteryland, TomorrowLand, and Electric Zoo. Besides streaming music while mobile, you can …

Beatport recently took down Laidback Luke & Tujamo’s single ‘S.A.X’ due to Mixmash Records marketing strategy of offering fans refunds for the track. By offering refunds, Beatport is accusing the label of allegedly manipulating the Beatport charts and essentially offering a “free download” through Beatport. Mixmash disagrees with Beatport and feels that it was a …