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Music & Money Confirms Sillerman.Navigation: Main page Author: Unknown Section: Up Front
Former Head Of SFX, Current Elvis Estate Owner To Keynote Investment Conference Robert Sillerman, chairman of CKX Inc., transformed the touring industry and wound up owning a chunk of the King. And on March 2, at Billboard's fifth annual Music & Money Symposium in New York, he will share insights about his success--and the industry at large--as part of his keynote address. The publicly traded CKX owns a controlling share of Elvis Presley Enterprises and 19 Entertainment, the firm responsible for the "American Idol" and "So You Think You Can Dance" TV shows. "There are very few things in this world consumed as broadly as music," Sillerman says. "But the music industry hasn't figured out how to take advantage of this exposure." Music & Money showcases top technology, music and financial executives discussing investment climates and strategies, along with trends in the music and technology industries. Prior to CKX, Sillerman made SFX Entertainment the largest rock promoter in the United States. He sold the company to Clear Channel in 2000 for $4.4 billion. Sillerman says the flux of the music industry provides opportunity. "Anytime there is a seismic change in an industry, it presents very specific investment opportunities. But the dollars that should be flowing into the industry have largely been diverted to people taking bets on technology and devices." For more information or to register for the Music & Money conference or for other Billboard events, go to billboardevents.com. PHOTO (COLOR): SILLERMAN in the Fair Use guidelines of the 1976 U.S. Copyright Act. info [at] singlearticles.com Powered by CommonSense |
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