Tag: Public company

SFXE Stock Closes Up $12.5% As CEO Sillerman Offers To Buy All Stock At 3X Current Value

[UPDATED] SFXE stock closed Friday up 12.5% at $1.17 per share after founder and CEO Robert Sillerman offered to acquire all of the outstanding shares of Common Stock not already owned by. Continue reading

Bruce Houghton on 10/16/2015 in Live & Touring | Permalink | Comments (0)

Tags: Class Action, Corporation, lawsuit, Limited liability partnership, PR Newswire, Professional corporation, Public company, Securities Exchange Act of 1934, Shareholder, U.S. Securities and Exchange Commission

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SFXE Stock Fell Another 9.5% Wednesday, Analyst Predicts Bankruptcy

[UPDATED] The battered stock of promoter and EDM culture hub SFX Entertainment (SFXE) fell another 9.5% on Wednesday, closing at $1.04. Yesterday, Wall Street's Seeking Alpha said that SFX was running out. Continue reading

Bruce Houghton on 08/19/2015 in Live & Touring | Permalink | Comments (2)

Tags: bEATPORT, Electronic dance music, Electronic music, Hypebot, Initial public offering, Los Angeles, Public company, Robert F. X. Sillerman, SFX (magazine), Share price

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SFXE Tumbles As Low As $1.03 Tuesday AM, NY Stock Exchange Delisting Now A Possibility

SFXE stock fell another 16.5% on Tuesday morning to $1.12. At one point the stock dropped as low as $1.03 in early trading. If a stock sells for under $1. Continue reading

Bruce Houghton on 08/18/2015 in Live & Touring | Permalink | Comments (0)

Tags: bEATPORT, Billboard Magazine, Chairman, Electronic dance music, Hypebot, Initial public offering, Public company, Robert F. X. Sillerman, SFX (magazine), Share price

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SFX Fire Sale Begins! Sillerman Buyback Fails, Board Explores Options As SFXE Stock Falls 29%

A day after CEO Bob Sillerman missed his deadline to buy back shares on SFX Entertainment and take the company private, the board finally issued a statement that did little. Continue reading

Bruce Houghton on 08/14/2015 in Live & Touring | Permalink | Comments (0)

Tags: bEATPORT, Board of directors, Chairman, Electronic dance music, Flavorus, NASDAQ, Public company, Robert F. X. Sillerman, Select or special committee (United States Congress), SFX (magazine)

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Fonder Buys $774 Million SFX Stock, Takes EDM Giant Private

Anyone old enough to remember the early days of Live Nation (then known as SFX), know that founder Bob Sillerman has more financial tricks up his sleeve than a day. Continue reading

Bruce Houghton on 05/26/2015 in Uncategorized | Permalink | Comments (0)

Tags: Advertising, Alan Lowe, Allen Shapiro, American Society of Composers, Artist, Authors and Publishers, Common stock, Live Nation Entertainment, Michael Rapino, Preferred stock, Public company

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Pandora Purchase Of FM Station Clears FCC, Lower Payments To Artists Likely

Pandora has long complained that the rates it pays to play music are too high. It's fought that battle in the courts, with lobbyists and with regulatory bodies. Just as. Continue reading

Bruce Houghton on 05/05/2015 in D.I.Y. | Permalink | Comments (0)

Tags: American Society of Composers, Authors and Publishers, Broadcast Music, Copyright Royalty Board, Federal Communications Commission, Inc., Internet radio, Pandora Radio, Public company, radio, Radio broadcasting, South Dakota

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Deep Holiday Discounts: Two 1 Year Subs To Billboard $69, 3 Months Spotify Or Rhapody $0.99

UPDATED: Rhapsody, Spotify and Billboard are offering deep year end discounts perfect for Hypebot readers to gift or as gifts for themselves. Spotify and Rhapsody are each discounting their $9.99 per. Continue reading

Bruce Houghton on 12/22/2014 in D.I.Y. | Permalink | Comments (0)

Tags: Apple Inc., Artist, Billboard Magazine, music industry, Public company, record label, Scott Borchetta, Spotify, Streaming media, Taylor Swift

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