Tuesday, October 01, 2013

Lol, where did we go wrong?!!! The USA's biggest "rave" promoter floats for $1.1 Billion

Well its certainly an eye popping figure.  SFX Entertainment which owns Beatport, Electric Zoo and many other "rave"/festival brands is floating for a fortune and is claiming to want to spend another $1 billion on buying up other EDM style rave companies.  It just shows that where once Britain was at the for front of the dance scene we are now very much in a back water..

Oh and the phone hasn't rang yet....

http://www.billboard.com/biz/articles/5740504/sfx-sets-terms-for-ipo-proposed-market-value-puts-company-at-11-billion




1 comment:

budda said...

Just a little bit disappointing :-/