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Robert Sillerman, the creator of promoter SFX Entertainment, which acquired multiple live businesses in the 1990s and 2010s, has passed away aged 71
By Anna Grace on 27 Nov 2019
Robert FX Sillerman, the founder of SFX Entertainment, died of respiratory illness on Sunday (24 November), at the age of 71, Billboard confirmed.
Sillerman first founded concert promoter SFX Entertainment in the 1990s, paving the way for the modern-day consolidation of the business by acquiring promotion companies including Delsener/Slater Enterprises, Sunshine Promotions, Bill Graham Presents, Cellar Door Concerts and Avalon Attractions.
The original iteration of SFX was sold to Clear Channel in 2000 for US$4.4 billion, and later spun off to become what is now known as Live Nation.
In 2012, Sillerman refounded the company as an electronic dance music (EDM) festival promoter, rolling up promoters including React Presents in the US and ID&T, Made Events and Alda Events in Europe, as well as Florida-based venue operator MMG Nightlife in the US.
Following SFX’s demise, Sillerman was embroiled in a number of lawsuits. In July, he paid $179,000 to the US Securities and Exchange Commission, in a fraud case relating to his post-SFX online publishing business Function(x).
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