Shortly after clearing his name, Pasquale Rotella will return to court
Insomniac CEO Pasquale Rotella will return to court on July 29th, shortly after a ruling on July 12th threw out the charges that he and another promoter had been involved in a kickback scheme with officials from the Los Angeles Coliseum, the former site of the spearhead Electric Daisy Carnival. Las Vegas Weekly reports that the new and separate charges that "he diverted $2.5 million in funds from the LA Coliseum into the pockets of city officials to stage Electric Daisy Carnival there before its move to Vegas in 2011." If he is found guilty of these charges, he faces fourteen years in prison. As far as plans for EDC Las Vegas 2014 go, an anonymous Las Vegas Motor Speedway official commented that "there’s no reason the event wouldn’t go on, no matter what happens. Plans for 2014 are set to go forward either way."
Lawsuit against Pasquale Rotella dropped
Charges against Pasquale Rotella, founder of Insomniac, as well as Reza Gerami of Go Ventures and ex-Coliseum events manager Todd DeStefano, have been dismissed by a local judge. L.A. Superior Court Judge Terry A. Green threw out the remaining charges against the three defendants, after the parts of the suit were stricken down last year.
Pasquale Rotella, Gary Richards, Perry Farrell talk festivals at EDMBiz Day 2
The final panel of EDMBiz Day 2 this year was owned by the festivals. With some of the world's largest festival promoters lined up on the conference's stage together, it was a bit of a rare opportunity to hear these mastermind planners speak on some of the top issues and topics of the hour -- anything from "boutique festivals" to radius clauses to sponsorships.
Insomniac and Dick Clark Productions announce new Dance Music Awards show for 2014
This afternoon at EDMBiz in Las Vegas, Insomniac's Pasquale Rotella and Allen Shapiro from Dick Clark Productions came together for a "special announcement" in between panels. The announcement, as the audience soon learned, is a new partnership between the two production companies for a new Dance Music Awards Show in 2014.
EDC Las Vegas ups the ante, plans to spend $35 million on this year’s festival
Insomniac CEO Pasquale Rotella told the New York Post that they'll be "stepping it up [EDC Las Vegas] year," and focusing the "largest percentage of [the] money [on] production" -- a statement that falls right in line with Insomniac's priority to cater to the fans as "headliners" rather than superstar DJs.