Electric Zoo makes the move to Mexico, May 3rd and 4th
It looks like Mexico is getting its fair share of festivals for the 2014 season. Made Event and Electric Zoo have just announced that New York's premier festival will be heading South to Mexico City for its inaugural Central American outing. This announcement comes less than a week after Insomniac announced it would be bringing the Electric Daisy Carnival brand to Mexico in mid-March of 2014. Scheduled for May 3rd and 4th, little else is known about Electric Zoo's Southbound expansion; stay tuned for official information due out sometime this week.
SFX finalizes acquisition of Made Event, expands influence in NYC region
Robert Sillerman's SFX Entertainment continues to acquire some of the biggest brands in electronic music culture, finalizing its acquisition of New York-based Made Event. As the promotional company behind New York's premier music festival, Electric Zoo, Made Event increases SFX's circle of influence to one of the largest dance music markets in the United States. What was originally intended to be a 70% acquisition, according to IPO paperwork filed a few months back by SFX, has grown to 100% ownership of the Made Event brand -- mirroring the acquisition timeline of ID&T, a company who was also recently fully acquired by Sillerman's ever-expanding brand.