SFX Buys React; Acquiring Two festivals and more.

SFX, the largest global producer of live events and digital content, has come into agreement to buy React (out of Chicago, IL). Upon acquiring React, they gain two of the Mid-Wests biggest EDM music festivals; Summer Set Music Festival and Spring Awakening Music festival. SFX already boasts a hefty resume including; Several major festivals like TomorrowWorld and Electric Zoo. As long as the principle online resource Beatport. Along with the festivals SFX will acquire clubtix, another Chicago based company for ticket sales all over.

Electric Forest May Not happen in 2014

Rumors have been spreading like wildfire about Electric Forest 2K14 being cancelled due to a legal squabble between SFX Entertainment and AEG/Madison House. Electric Forest is held annually at the Double JJ Ranch & Golf Resort, a holding of Progressive Resorts. Progressive has fallen into hard times and in order to keep ownership of the resort, they're required to pay off millions of dollars of debt. SFX stepped up and offered to pay off the debts, in order to acquire usage of the resort, essentially taking control of "Electric Forest". SFX however, couldn't take the name legally, but it could stage a similar event on the same property pretty much stealing AEG's attendees. There is however one very big snag: Progressive Resorts accepted a $60,000 deposit from AEG/Madison House to use the property for Electric Forest. Progressive has now claimed that Madison House's contract, which would have allowed it to host the festival for 20 years at the location, is "void." There is a promoter (AEG who just merged with Madison house) who is posing a restraining order and injunction to protect the land lease. A Oceana County Judge will review on Monday and we will be keeping you updated! Below is official statement regarding the issues from EF's Facebook page:

Post by Electric Forest.

Movement Announces Phase 2 of the amazing 2014 Lineup

Movement, one of the biggest festivals has announced the second phase of artists for 2014. This amazing and versatile lineup includes heavy hitters such as Boys Noize, Claude Von Stroke, John Digweed and Flosstradamus.

Check out the phase 1 and 2 lineup here: