Who owns sfx entertainment

Clear Channel Communications is a leader in the out-of-home advertising industry with radio and television stations and outdoor displays in 32 countries around the world. Altogether, Clear Channel operates radio and 19 television stations in the United States reaching over million people weekly.

Its wholly-owned subsidiary, Premiere Radio Networks, reaches 40 million people weekly on 7, affiliates. Clear Channel also has equity interests in more than radio stations internationally and operates more than , outdoor advertising displays. In a joint company release, notably the first in which SFX's executive was not the first party quoted, Clear Channel's Lowry Mays said, "This transaction allows Clear Channel, through SFX, to gain immediate leadership in the highly attractive, live entertainment segment, while taking advantage of the natural relationship between radio and live music events.

Beyond leveraging Clear Channel's broadcasting and outdoor advertising platforms, the deal also paves the way for Clear Channel to "pursue initiatives relating to the Internet and music. In the ever expanding world of media and entertainment, the combination of distribution and content is becoming increasingly important," said SFX's Robert F.

Sillerman in a statement. SFX's Sillerman called the merger "a classic win-win situation for our shareholders and for Clear Channel's shareholders. Paylogic is a comprehensive ticketing services and solutions platform specializing in large peak sales events and technical and data integration with several online platforms. Since its foundation in , Paylogic has sold 30 million tickets to fans from more than countries for events in Europe, Asia, Africa and the Americas including concerts, festivals, sporting events, exhibitions, trade fairs, theaters and musicals.

For more information on LiveStyle, please visit www. Pictured: Randy Phillips for a high-resolution photo, click here. Address Wilshire Blvd. The streaming service continues uninterrupted. New releases are being added every day. New videos are being scheduled and filmed. Payments to labels and suppliers are ongoing in their usual manner. What do you think the collapse of this EDM superbrand says about the state of electronic music today?

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