Bangin Beats » sfx entertainment

$80 Million Loan to Bail Out SFX

Surbhi Mittal — Tue, 09 Feb 2016 07:05:52 +0000

It seems like the delicately hanging fate of Robert Sillerman and electronic music conglomerate SFX entertainment was finally sealed on February 1, when the company filed for bankruptcy. By entering a Restructuring Support Agreement, they have wiped off the $300 million worth of debt by swapping it with equity with bondholders. They now have access […]

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Deadmau5 Takes A Dig At Robert Sillerman, Offers To Buy SFX

Pranav Gupta — Fri, 05 Feb 2016 09:25:58 +0000

Ever since SFX Entertainment filed for Chapter 11 bankruptcy, the American giant has been at the end of rebuke from the dance music industry and media alike. And now, dance music’s favourite troll, Deadmau5, has had his say on the whole issue, via his favourite medium, Twitter. Yeah… We see that. All good. I'll throw […]

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SFX Entertainment Files For Bankruptcy, Future Of TomorrowWorld At Stake

Rajrishi Murthi — Tue, 02 Feb 2016 07:17:46 +0000

After all the drama which took place in 2015, it seems like the unfortunate day for SFX Entertainment has finally arrived. The American giant has been in turmoil for quite some time now, owing to severe financial problems which was marred even more by further lawsuits. A horror story for them indeed, the organization has […]

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SFX Entertainment Set To Re Launch Beatport With A Streaming Service

Saurabh Dhope — Tue, 16 Dec 2014 07:42:57 +0000

SFX Entertainment, one of the largest companies to play host to massive festivals such as Tomorrowland, Mysteryland, Sensation as well as Beatport has huge plans for 2015. According to the Wall Street Journal, SFX intends on re-launching Beatport with one mystery addition? What’s that? A brand new streaming service! Instead of just selling songs with […]

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SFX Entertainment Form A Partnership With MasterCard!

Hamed Khalidi — Wed, 06 Aug 2014 02:46:14 +0000

In yet another example of a visionary and forward-thinking approach, SFX Entertainment – who are responsible for globally renowned Electronic music festivals such as Tomorrowworld, Mysteryland and the recently concluded Tomorrowland – have tied up with MasterCard as the technological partner and the financial services sponsor for all their events. Focusing on SFX‘s impressive EDM […]

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Tomorrowland to Travel to Brazil?

Saurabh Dhope — Sat, 19 Jul 2014 10:19:42 +0000

With the 10th edition of the super magical festival Tomorrowland underway, it seems their officials have a bunch of major announcements in store, one of which looks to be a confirmation of a brand new edition of Tomorrowland to be held in Brazil. Mainly owned by ID&T and new majority stakeholder SFX, these officials have […]

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Beatport joins Vans Warped Tour as official stage host.

Saurabh Dhope — Sat, 14 Jun 2014 13:23:42 +0000

Beatport, now an SFX Entertainment Inc. company and the obvious destination for anything related to electronic music, has announced that it will host a stage at this summer’s Vans Warped Tour, to bring a brand new dimension of dance music to all those attending. Funnily enough, Vans Warped Tour is celebrating its 20- year anniversary […]

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SFX and Simon Cowell to partner on ‘Ultimate DJ,’ TV’s electronic music competition!

Saurabh Dhope — Thu, 01 May 2014 07:23:51 +0000

In early 2012, Simon Cowell had shockingly suggested that The X Factor genesis could apply to electronic music as well, and that a television project might be in the works. However, it seemed like no one seemed to pleased to see Cowell’s viewpoint, and negative feedback was received all around, including Fatboy Slim turning down […]

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Paul Greenberg, former CEO of College Humor, is now President of SFX Entertainment

Shule Puri — Thu, 10 Apr 2014 11:39:16 +0000

Paul Greenberg has been the CEO of College Humor, an online entity whose sole purpose was to get people in their twenties to laugh. Now, he’s managed to become president of SFX Entertainment. SFX is a conglomerate focused on “electronic dance music,” and Greenberg is its new president. SFX announced the hire, via an SEC […]

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SFX Entertainment Faces Lawsuit; Stock Plummets By 8%

Mallika Pal — Mon, 24 Feb 2014 09:45:31 +0000

Robert Sillerman, SFX Entertainment founder and CEO aka the Wolf of EDM Street, has found his rivals in the form of three disgruntled music-managers. Paolo Moreno, Lawrence Vavra and Gabriel Moreno, claim that the acquirement and consolidation of multiple music festivals and promoters under the brand name SFX was initially their idea, and are demanding […]

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