Robert Sillerman buys Beatport, expands his EDMpire
According to the New York Times Media Decoder, SFX Entertainment has just purchased Beatport for "a little more than 50m." The move is just another step in CEO Robert Sillerman's plans to build a billion dollar EDMpire. With a history of acquisitions like Disco Donnie Presents and Life In Color, as well as, his recent investments into Miami nightlife and the festival circuit, the move comes as little surprise;
Forbes lists World’s Highest Paid DJs, Tiesto’s $22 million snags top spot
Forbes has released a list of the top 10 highest paid DJs, and Tiesto tops the list with reported earnings of $22 million. Skrillex, David Guetta, Swedish House Mafia, and Steve Aoki round out the top five. The list comes at a time when there's a lot of consolidation happening in the market, but if it is going to last, the growth must be carefully planned.