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Slide #17. SFX Entertainment, Inc. — ID&T
SFX Entertainment, Inc. (SFXE)
SFX Entertainment, Inc. (NASDAQ:SFXE), the world's largest producer of live events and entertainment content focused exclusively on electronic music culture (EMC), announced today that it has acquired 100 percent ownership of ID&T, the leading producer of dance music festivals and events worldwide. Previously, SFX had announced intentions to buy a 75 percent interest in ID&T.
SFX Entertainment is a producer of live events and digital entertainment content focused on the electronic music culture (EMC) and other festivals. Co. is engaged in the production and promotion of live EMC festivals and events, production of music tours, selling event tickets through a ticketing platform, merchandising and related services. In addition, Co. manages event-driven nightclubs. Co.'s live events and brands include Tomorrowland, TomorrowWorld, Mysteryland, Sensation, Stereosonic, and several others. In addition, Co. owns a 40.0% interest in the Rock in Rio festival brand and a 50% interest in ALDA Events, a European tour organizer and concept developer for DJs and festivals.
Open the SFXE Page at The Online Investor »
Sell (1.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
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