Bon Jovi return to UMG
Bon Jovi will release their new album This House Is Not For Sale, in partnership with Island/Universal Music Group. The record will mark the band’s return ...
Alison Wenham steps aside at AIM
AIM chair/CEO Alison Wenham is stepping aside after 17 years at the helm of the organisation to take on a new global role at ...
SFX granted $15m to pay artist advances
EDM promoter SFX Entertainment has been granted $15 million to pay artist advances for its summer festivals. Judge Mary Walrath, who is handling ...
PRS backs CRM Directive
PRS for Music has backed the Collective Right Management (CRM) Directive which came into force yesterday. The CRM Directive is intended to provide long term legislative solutions to ...
Australia’s Stereosonic festival will not take place in 2016, organisers have confirmed.
It is understood the move is related to the ongoing bankruptcy proceedings regarding the EDM event’s parent company ...
SFX Entertainment founder Robert FX Sillerman has penned a farewell letter to staff after officially stepping down as CEO.
The EDM promoter, which is a stakeholder in events including Awakenings, ...
SFX is selling off assets, including streaming service Beatport and marketing company Fame House.
Court filings seen by Music Week show that, while Beatport is still considered valuable to the ...
SFX in negotiations over Beatport sale
Bankrupt EDM promoter SFX Entertainment is in talks to sell Beatport as it attempts to reduce its debts. According to a court filing, SFX ...
SFX Entertainment. is requesting permission from a bankruptcy judge to halt a lawsuit against its chairman Robert FX Sillerman, so it can focus exclusively on its chapter 11 restructuring, ...
SFX Entertainment's largest creditors are some of its own promoters.
Eleven of the EDM company's 13 largest 'non-insider' creditors (aka ones that aren't associated with the company’s founder and now-departing CEO ...
