Blog: Dancing Astronaut

Robert Sillerman buys large stake in Miami’s The Opium Group, EDM arms race heats up

Robert Sillerman, entertainment mogul and head of SFX Entertainment, has declared an arms race on EDM enterprises  with a billion dollar budget. After purchasing Donnie Disco Presents and the company formerly known as DayGlow, Sillerman has remained relatively quiet - until now. The billionaire has now purchased a large stake in Miami's The Opium Group, which manages Mansion, SET, Cameo and Mokai Lounge. After acquiring power of a large portion of Miami's nightlife scene, the rumors continued to surface, and it appears as if Sillerman has just begun an EDM shopping spree. [...]
Location: California