Archive | sfx RSS feed for this section

The Most Expensive Home in The Hamptons Once Belonged to SFX Entertainment’s CEO

Even though ex-CEO of SFX Entertainment, Robert F.X. Sillerman, isn’t one of the most popular guys around town these days. Since claiming bankruptcy back in 2016, Sillerman’s name hasn’t been mentioned much in the news. This morning, news broke that the most expensive home went on the market in the Hamptons and it used to

The post The Most Expensive Home in The Hamptons Once Belonged to SFX Entertainment’s CEO appeared first on EDM Sauce.

Continue Reading

China’s STORM Festival announces expansion into overseas markets

China’s leading commercial festival production company, A2LiVE, the organizers behind Budweiser Storm Music Festival, is taking on the global EDM market.

Continue Reading

SFX arises from bankruptcy as new events company LiveStyle

Randy Phillips is taking SFX to new heights as LiveStyle, expanding the company beyond EDM.

Continue Reading

SFX to emerge from 9-month bankruptcy

Dance music company SFX receives a court approval that will cut their debt by $400 million.

Continue Reading

Former CEO Robert Sillerman denied a staggering $15 million+ by SFX

Former CEO of SFX, Robert Sillerman, requests money for Legal Fees & Personal Guarantees Multimedia behemoth, SFX (owners of Beatport among other assets), have come into troubled waters recently, having declared bankruptcy earlier this year. As if that wasn’t enough, the chronicle continues as we delve further down the legal rabbit hole and into the

The post Former CEO Robert Sillerman denied a staggering $15 million+ by SFX appeared first on EDM Sauce.

Continue Reading

SFX hires Randy Phillips as new CEO, pending court approval

SFX submits revised bankruptcy plan to the court, including an appointment of Randy Phillips to CEO position.

Continue Reading

SFX will not sell Beatport

After filing for bankruptcy in February, SFX Entertainment sought to sell Beatport. After making major site changes, SFX has withdrawn the auction.

Continue Reading

Executives from Q-Dance, ID&T rumored to be key players in SFX restructuring

Executives from Q-Dance, ID&T, and Awakenings are rumored to be involved in SFX Entertainment’s post bankruptcy restructuring.

Continue Reading

Vivendi wins auction to buy SFX’s Flavorus

Vivendi wins auction to purchase Flavorus

Continue Reading

Festival Founders Claim SFX Still Owes Them Millions of Dollars

The founders of Stereosonic Festival have filed a lawsuit claiming that SFX Entertainment still owes them $15 million for the sale of their company to them. Totem One Love Group was sold to SFX Entertainment back in October of 2013 for a reported $75 million. Based in Melbourne, Australia, Totem OneLove Group had developed into one of Australia’s leading innovators in the dance music scene. With Steresonic’s decision to not return in 2016, SFX Totem, the Australian branch of SFX Entertainment has gone into administration (bankruptcy). During the time of the acquisition, Richie McNeill, Managing Director of Totem OneLove Group

The post Festival Founders Claim SFX Still Owes Them Millions of Dollars appeared first on EDM Sauce.

Continue Reading

Stereosonic founders coming after SFX for $10 million

The festival’s original five founders allege they are owed over $10 million from the original purchasing price offered by SFX.

Continue Reading

Universal Music Group purchases Fame House from SFX

Universal Music Group has acquired Fame House

Continue Reading

Former Beatport CEO pens an open letter on how to save the site

Jonas Tempel, former CEO and a founding partner of Beatport, has penned on open letter on how to save the site, which failed to be sold at auction.

Continue Reading

Beatport is shutting down its news, streaming, and video platform

In the wake of SFX’s bankruptcy, Beatport is internally restructuring

Continue Reading

Beatport’s auction gets pushed back

Beatport’s auction gets pushed back due to investors finalizing their bids, leading to a court set set three weeks past the original to announce the winner.

Continue Reading

Totem Onelove cancels Armin Only: Embrace shows in Australia

Armin van Buuren’s two Australia dates for his “Armin Only: Embrace” tour have been cancelled.

Continue Reading

SFX rumored to be selling ID&T and several other Dutch brands

Mega-promotion conglomerate SFX continues selling off assets as it restructures following bankruptcy.

Continue Reading

SFX continues to spin-off assets, announces Flavorus is up for auction

SFX Entertainment continues to auction off its assets, this time announcing the ticketing service Flavorus is up for sale.

Continue Reading

Spring Awakening loses another venue with two months until festival

Spring Awakening music festival in Chicago has two months until it will supposedly open its gates, but it doesn’t have a venue yet.

Continue Reading

SFX has been extended a lifeline to pay artists

In the wake of laying off 50 employees in their New York City office as part of their bankruptcy restructuring plan, SFX has been extended a lifeline to pay artists’ booking fees for their summer festivals. A pool of $15

Continue Reading
© 2013 SimplyNeon.com Designed by OhhWord Media