After purchasing 50& of B2S in October, the entertainment company SFX has just finished off the other half recently and now owns all of the company. B2S is responsible for events like Decibel, Hard Bass, Thrillogy, Knock Out and Loudness, all of which will be added to the cache of events that SFX already has. Some of you may be wondering how much this would cost them; $14.3 million and 400,000 shares of stock got them the second half of B2S. Despite SFX being one of the biggest entertainment companies it is continuing to grow into something bigger and the influence they have over electronic music is continuing to increase. The future of the scene is very much related to actions at Robert Sillerman’s headquarters.
Source: Wall Street Journal