Robert F. X. Sillermann and SFX entertainment
8 views | +0 today
Follow
Robert F. X. Sillermann and SFX entertainment
Robert F. X Sillermann has plans to spend 1 billion in the Electronic dance music market over the next year. Him and SFX Entertainment have purchased multiple companies such as Beatport, the number one online distributor for Electronic dance music. He recently made SFX entertainment into an IPO to try and raise funding, though admittedly says he has no idea about EDM.

Pros- This is going to bring a lot of money and growth into the EDM industry.

Cons- Can potentially cause a monopoly to where SFX is controlling a substantial portion of the industry
Your new post is loading...
Your new post is loading...
Scooped by Anthony Vekstein
Scoop.it!

SFX Entertainment Has Purchased a 75% Stake in ID&T - Do Androids Dance

SFX Entertainment Has Purchased a 75% Stake in ID&T - Do Androids Dance | Robert F. X. Sillermann and SFX entertainment | Scoop.it
ID&T, the company that has ran the TomorrowLand parties in Belgium (you know, the one we told you is putting on a TomorrowWorld festival in Georgia this September), has been bought out by Robert Sillerman's SFX Entertainment to the tune of $102...
Anthony Vekstein's insight:

SFX's accuistion of ID&T (Tomorrowland festivals). Robert Sillerman and SFX entertainment purchased the rights to the Tomorrowland Festivals from ID&T for the lump sum of 102 million in cash and stock shares. 

more...
No comment yet.
Scooped by Anthony Vekstein
Scoop.it!

SFX Entertainment Buys Electronic Dance Music Site

SFX Entertainment Buys  Electronic Dance Music Site | Robert F. X. Sillermann and SFX entertainment | Scoop.it
SFX Entertainment paid just above $50 million for Beatport, people briefed on the matter said. The site is the pre-eminent download store for E.D.M.
Anthony Vekstein's insight:

Very interesting read. Describes the sale of beatport to Robert Sillerman and then the writer describes Sillermann's sale of Clear channel to their opposition company LiveNation.

more...
No comment yet.
Scooped by Anthony Vekstein
Scoop.it!

SFX Entertainment To Take Electronic Dance Music To Wall Street With IPO

SFX Entertainment To Take Electronic Dance Music To Wall Street With IPO | Robert F. X. Sillermann and SFX entertainment | Scoop.it
Robert Sillerman's SFX Entertainment plans to go public in an attempt to cash in on the growth of electronic dance music.
Anthony Vekstein's insight:

Sillerman hopes to raise about 175 million to help compete against companies like Live Nation. Ontop of this over 500 million has been spent on purchasing other promotion and entertainment companies.

more...
No comment yet.
Scooped by Anthony Vekstein
Scoop.it!

Is Robert Sillerman "Man Enough" to Handle EDM?

Is Robert Sillerman "Man Enough" to Handle EDM? | Robert F. X. Sillermann and SFX entertainment | Scoop.it
A look at Robert Sillerman and his SFX Entertainment company's obstacles in properly controlling the EDM scene that he's buying his way into.
Anthony Vekstein's insight:

An article in which Robert Sillerman admits he has no idea about EDM. Ontop of this the writer discusses Roberts intentions with the industry and the culture and scene behind the money made in EDM.

more...
No comment yet.
Scooped by Anthony Vekstein
Scoop.it!

Mogul to Increase Bets on Electronic Dance Music

Mogul to Increase Bets on Electronic Dance Music | Robert F. X. Sillermann and SFX entertainment | Scoop.it
Robert F. X. Sillerman made the concert business more corporate and wants to do the same with the latest trend in the music industry.
Anthony Vekstein's insight:

The NyTimes describes and gives insight into Robert Sillermans previous endeavors. Talks about his work with Livenation and Sillerman discusses his plans for SFX in the coming years.

more...
No comment yet.
Scooped by Anthony Vekstein
Scoop.it!

Beatport Sold To SFX Entertainment For $50 Million

Beatport Sold To SFX Entertainment For $50 Million | Robert F. X. Sillermann and SFX entertainment | Scoop.it
Just reported a few minutes ago on the New York Times, one of the music moguls in the DJ industry, Beatport, has been sold to SFX Entertainment - a media company that has been ramping up over the l...
Anthony Vekstein's insight:

Dj Techtools article on Robert Sillerman and his purchase of Beatport, the number one online distributor of Electronic Dance Music. Beatport was sold to SFX entertainment for 50 million. 

 

more...
No comment yet.