Mar
27
Despite Loss, SFX Draws Corporations As Sponsors
Posted in: UncategorizedSFX, whose portfolio includes festivals around the world, reported that last year it had $170 million in revenue and a net loss of $119 million.
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Dec
24
SFX Entertainment Enters Sponsorship Deal With Anheuser-Busch InBev
Posted in: UncategorizedAnheuser-Busch’s sponsorship could be worth $25 million next year and $35 million in 2015 as SFX’s dance festivals grow, said Benjamin E. Mogil, an analyst at Stifel Nicolaus.
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Oct
10
DealBook: Tepid Opening for Promoter of Electronic Dance Music
Posted in: UncategorizedThe company’s goal is to make money from the world of dance music, which has existed on the margins of the music industry for decades but has lately become its hottest genre.
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Oct
09
SFX Entertainment Prices Its I.P.O. at $13 a Share
Posted in: UncategorizedThe stock offering raised $260 million and values the company, which puts on dance festivals, at $1.05 billion, a person briefed on the matter said.
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Sep
10
Drug Deaths Threaten Rising Business of Electronic Music Fests
Posted in: UncategorizedA string of drug-related deaths at big music festivals has highlighted the risks not only to fans, but to the businesses looking to profit from the craze.
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Jun
27
SFX Entertainment Files for I.P.O
Posted in: UncategorizedThe music company, led by the media executive Robert F.X. Sillerman, is looking to raise up to $175 million through an initial public stock offering.
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Mar
21
Media Decoder Blog: SFX Entertainment Buys Major Stake in Dutch Festival Promoter
Posted in: UncategorizedThe deal with ID&T, perhaps the biggest in the market so far, will give SFX a major foothold on the global festival circuit as it tries to build a $1 billion media empire centered on dance.
Mar
18
Media Decoder Blog: WPP to Invest in SFX Entertainment
Posted in: UncategorizedThe $20 billion advertising giant, with major agencies like JWT, Grey and Young & Rubicam under its umbrella, will invest an estimated $10 million in Robert F.X.Sillerman’s company, SFX Entertainment.
Feb
27
Media Decoder Blog: SFX Entertainment Buys Electronic Dance Music Site
Posted in: UncategorizedSFX 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.
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