SFX ENTERTAINMENT ACQUIRES MADE EVENT

SFX Entertainment, Inc. (NASDAQ: SFXE), the world’s largest producer of live events and entertainment content focused primarily on electronic music culture (EMC), announced today that it has acquired Made Event, the premiere electronic music production company and creators of the Electric Zoo Festival.

“The acquisition of Made is strategically important for SFX, as it establishes a strong foothold for us in the New York City region,” said SFX Chairman and CEO Robert F.X. Sillerman.   “Co-founders Mike Bindra and Laura De Palma are the ultimate industry professionals, and our management team will benefit greatly from their years of experience. We plan to develop the Electric Zoo brand internationally and have the opportunity to build other SFX brands in the U.S. with the support of Mike, Laura and the team at Made.”   SFX acquired all of Made in the transaction, after previously agreeing to acquire 70% of the company.

http://www.madeevent.com

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