SFX Entertainment
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| Public | |
| Traded as | NASDAQ: SFXE |
| Industry | Concert promoter, music |
| Genre | Electronic music |
| Predecessor | Live Nation (de facto) |
| Founded | June 2012 |
| Founder | Robert F. X. Sillerman |
| Headquarters | New York City, United States |
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Key people
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Greg Consiglio, president and COO Kevin Arrix, executive vice president, CRO Chris Stephenson, CMO |
| Website | sfxii |
SFX Entertainment is an American live events conglomerate founded by media entrepreneur Robert F. X. Sillerman and is now known as LiveStyle Inc. The company was formed in June 2012 as a new incarnation of Sillerman's previous live events company of the same name—the present Live Nation.
SFX focused primarily on live events and other properties relating to electronic dance music (EDM) and its associated culture.
Its holdings included ownership of various major electronic music promoters and festival brands, such as Tomorrowland, Electric Zoo, Stereosonic, Voodoo Experience, and a 50% stake in Rock in Rio among others. The company also holds events at several nightclubs in the Miami area. The online music store Beatport, and several music-oriented web development firms were also a part of SFX. The company went public on the NASDAQ in October 2013.
SFX Entertainment was formed by Robert F. X. Sillerman in the 1990s. Its business model surrounded the acquisition and consolidation of regional concert promoters into a single national entity. In 2000, Sillerman sold the company to the radio broadcasting company Clear Channel Communications for $4.4 billion USD. Clear Channel Entertainment was spun off in 2005 to form Live Nation, and merged with Ticketmaster in 2009 to form Live Nation Entertainment. As of 2012, Live Nation is the largest concert promoter in the world.
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