Despite Bankruptcy, SFX Owned Beatport Pledges To Continue Payments To Artists, labels
News that SFX was seeking bankruptcy protection and wiping $300 million off its balance sheet, sent shivers throughout the music industry, particularly within the EDM community. But Beatport, one of. Continue reading
SFX Files For Bankruptcy, Erases $300 Million In Debt
SFXE has filed a Chapter 11 bankruptcy petition that, if approved, would erase $300 million in debt from bond holders and eventually take the company private. Founder Robert Sillerman will. Continue reading
SFX Entertainment [SFXE] Explores Bankruptcy, Hires Restructuring Experts 26 Weeks After $260 Million IPO
SFX is exploring the protections available in federal bankruptcy, according to a new SEC filing. The EDM conglomerate also announced that it had hired restructuring experts TI Consulting to lead the. Continue reading
FRI. NEWS BRIEF: SFX Bankruptcy Looms • MyMusicTaste +$10M • Facebook Messenger Hits +800M, Event Invite Crackdown • More
Friday 1.8.2016 Music Business News & Views From Around The Web The fall of SFX is a reminder that some arts and creative industries should not be 'conglomerated' and controlled by. Continue reading
EDM Chief James Barton Passes On SFX Offer, Remains At Live Nation
On December 4th, we brought you the story that James Barton was in talks with SFX to leave Live Nation and help get the flailing company get back on track.. Continue reading
Live Nation EDM Pres. James Barton To Exit, In Talks To Join SFXE
Stuggling with a stock price down around 25 cents per share and hoping to avoid bankruptcy, EDM conglomerate SFX is looking for a savior; and they appear to think they've. Continue reading
Robert Sillerman Sells Real Estate As SFX Entertainment Buys Awakenings Festival
Though Robert F.X. Sillerman is selling six properties I doubt there's an issue related to SFX Entertainment's spending spree though it's hard to stop my brain from associating the two.. Continue reading
Major Shakeup At EDM Giant SFX Entertainment
Robert Sillerman's SFX Entertainment has announced the formation of a new management team to oversee the company's media, creative, e-commerce and event operations. In the revised structure, Joseph Rascoff will. Continue reading
SFX and Clear Channel Announce Partnership
Golbal EDM powerhouse SFX Entertainment has announced an extensive marketing and content deal with radio and media giant Clear Channel. The partnership includes three initiatives: a national DJ/Producer contest in partnership. Continue reading
