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The deal will wipe $300m in debt from the company’s books
SFX Entertainment has filed for chapter 11 bankruptcy.
The move will wipe $300m (£210m) in debt from the electronic music promoter’s balance sheet and take...
The troubled promoter is selling off the digital music store as part of its bankruptcy restructuring
SFX Entertainment is auctioning off Beatport to pay down its debts.
According to Billboard, the process of selling off the online music store is...
The debt-stricken promotions company secures investment amid financial woes.
The troubled events company to extend bidding period.
SFX Entertainment is to give investors more time to bid for the company’s assets.
The New York company has extended the deadline for bidders to...
Complaint alleges that Sillerman made “materially false and misleading statements".
A class action lawsuit has been filed against the directors and Robert F. X. Sillerman, the CEO, of SFX Entertainment.
Abbey Spanier LLP, a legal...
May’s platform changes have been “well-received and successful”...
SFX Entertainment has announced that Beatport will not be auctioned, after “suspending” the process of the digital music platform’s sale in May.
SFX Entertainment originally...
The decision will see Beatport’s parent company recover from nine months of bankruptcy...
SFX Entertainment has reportedly had a plan to reorganise the business approved by a judge, which will cut the company’s debt by $400 million (£320m)...
EDM giant still in financial trouble
The EDM company has been in trouble for some time, but a new report suggests that the firm is considering filing for bankruptcy.
The Forbes...
Stereosonic, Made Events and more owed millions...
Troubled EDM promoter SFX Entertainment declared bankruptcy last week and now the company's creditors have been revealed.
Those owed money by SFX include Australia's Totem...
New reports seem to think so
Troubled company SFX Entertainment is close to bankruptcy, according to new reports.
The American events giant, which is responsible for festivals including Tomorrowland, Mysteryland and...
The entertainment giant is moving away from EDM...
SFX has rebranded itself with a new name and a new CEO, following the company's bankruptcy scandal earlier this year.
The EDM giant, who owns...
Beatport will release trapped royalties to all labels this week.
Beatport has announced it will release trapped royalty payments to all labels this week, following widespread industry criticism surrounding the company's failure to pay imprints...
The struggling promotor is reportedly looking to hire Live Nation's James Barton
SFX Entertainment are looking to bring in Cream co-founder James Barton, currently President of Electronic Music at Live Nation, to revive its flagging business.
According...
The two british men had made £11 million in profits reselling tickets via their companies, BZZ Limited and Ticket Wiz
Two ticket scalpers have been found guilty of fraud in a landmark case following years of reselling tickets for profit.
The two men, Peter Hunter...
A pilot event will also take place in the city this month
Berlin Club Commission has unveiled a six-point plan to reopen the city’s venues.
Following the announcement from the Berlin Club Commission that nightlife in the city...