Robert F.X. Sillerman Continues EDM Expansion With Dayglow Acquisition
August 2, 2012 at 6:58 AM (PT)
ROBERT F.X. SILLERMAN has acquired DAYGLOW PRODUCTIONS. DAYGLOW joins previously announced DISCO DONNIE PRESENTS as the initial assets of his newly created holding company, which is poised to make significant forays into electronic dance music (EDM).
"DAYGLOW has become one of the leading brands in EDM and developed a winning formula," said SILLERMAN. "We’re looking forward to working together to further leverage the DAYGLOW brand in the U.S. and abroad, and expanding their offerings."
DAYGLOW marks the second acquisition for the company which announced the purchase of DISCO DONNIE PRESENTS in JUNE. SILLERMAN plans as many as 30-50 additional deals to come to fruition in the coming months, creating a vast network of EDM producers and promoters.