SFX 'considering fire sale of assets'
EDM promoter SFX Entertainment is reportedly exploring a fire sale of its assets
Sources told the New York Business Journal that the company overpaid for a number of properties it acquired over the years and "now the value has bottomed out," they could be made available at a huge discount.
SFX’s assets include Beatport, Australian promoter Totem OneLove, ID&T, producer of events such as Tomorrowland, TomorrowWorld and Sensation, Chicago-based React Events and ticketing company Flavorus.
Shares in the firm fell ...
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