Go Ventures Wins Bid To Purchase SFX Entertainment

In a surprising move today, a spokesperson for Go Ventures has announced that they acquired the recently bankrupt SFX Entertainment from owner Robert Sillerman. As you may already know SFX Entertainment has been having a massive fire sale of their properties as of late. Beatport has recently gone up for auction to the highest bidder, and in the wake of the news about TomorrowWorld not returning in 2016 a private auction of SFX’s US-based properties was held yesterday. Attending the auction were high-profile members of the EDM community ranging from Pasquale Rotella and Gary Richards to artists like Diplo and DJ Snake. Notable non-EDM attendees included big names such as Justin Timberlake who stated “If I can save Myspace, there must be hope for TomorrowWorld too.”

I read on these blogs online that “EDM was dying” so I figured I might as well sell this off as fast as possible to jump on hip hop because that’s where all the cool people are moving. I mean, Avicii is clearly done with EDM and he was basically my favorite DJ, other than Afrojack of course.

– Robert Sillerman

The bidding, which began around noon yesterday, started with offers of cash but quickly rose to higher levels of involvement. When the bidding reached a financial stalemate, it began to get interesting. Armin van Buuren, fresh off one of his most successful ASOT shows in recent memory, offered the ASOT brand(and souls of trance fans around the world) in the buyout to Sillerman in exchange for SFX Entertainment. He was countered by longtime rival Tiesto who mentioned in his statement before the auction that if purchased, SFX Entertainment would “just copy whatever was popular at the time, obviously that worked out for me!” It was hard for many of the DJs in attendance to keep up with those two heavy hitters, as many fell out of the bidding war when Sillerman realized that their promises of massive hits would just be fulfilled by ghost producers on their labels anyways.

Pasquale Rotella was there to purchase SFX Entertainment solely for the TomorrowWorld brand, due to his deep affection for Disney-related concepts. The winner of the day was DJ Reza, who placed an offer that only Sillerman would love. On the table, beyond the cash consideration, was the tears of trance fans who were distraught by the cancellation of Armin Only and Monster Massive back in 2011. The vintage tears definitely tipped the scale in Reza’s favor, as we all know that the tears of devastated trance fans are a highly sought after homeopathic remedy. After the purchase, DJ Reza announced that TomorrowWorld 2016 WILL actually be returning and will move from Georgia to Oak Canyon Park in Silverado, CA with the claim of “taking it back to the way things were before the EDM explosion.”

I was saving these tears for a rainy day, because I knew that after the dust had settled there would be someone else who would screw up worse than I did with the Monster Massive and TAO situations a few years back.

– DJ Reza

We can’t wait to see what is in store for SFX Entertainment now that they have been acquired by DJ Reza and Go Ventures, and would like to also wish you a very happy april fools day.

EDIT: This post was a joke for April Fools 2016. If you are reading this now, it was a prank post and is not real.