EDMTunes

deadmau5 Says He’ll Buy SFX Entertainment For $14 Million

On the heels of EDM mega-company SFX claiming chapter 11 bankruptcy, the ever-so-thoughtful Joel Zimmerman, better known as deadmau5, has offered to buy the company for $14,000,000. SFX is the parent company of many noteworthy music enterprises including TomorrowWorld, Sensation, Mysteryland, Mysteryland USA, Awakenings, Beatport, Life in Color, iMotion, DDP, LIV, Story, Electric Zoo, Stereosonic, Q-Dance (including Defqon, Qlimax, etc.), b2s, Spring Awakening, Rock in Rio and Fame House.

Having seeing his publicly traded company price plummet into the realm of penny stocks, CEO Robert Sillerman faces scrutiny from music industry leaders as well as finance professionals. deadmau5′ offer is obviously an attempt to mock Sillerman. We’re not sure where he came up with the $14 million figure. Celebrity Net Worth puts Zimmerman’s value over $50,000,000.

Unfortunately, this dream will not become a reality, as Joel cleared the air a little later on. He even revealed what deadmau5-curated festival would look like:

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