LOS ANGELES, April 23, 2013 /PRNewswire/ -- While DJs and media executives have covered the recent proliferation of Electronic Dance Music (EDM) into the mainstream, it's unusual to hear from a private equity professional about the EDM market's trends and the first entrance of entertainment roll-up capital into the $5.0+ billion market.
John Langdon (aka SlingR), one half of Hollywood's electro-driven DJ and producer duo KALM KAOZ, recently released a thesis about the role private equity funds play in the EDM industry, and in particular the entrance of SFX, Mr. Robert Sillerman's EDM consolidation play. With more than 23 years of experience working for leading private equity firms such as Platinum Equity and Kohlberg & Co., Langdon stirs the debate about the future of EDM and what it means for everyone from potential investors to the fans.
"EDM is a highly unique market, growing without institutionalized capital for over 15 years. With only a few shots across the bow, SFX strongly positioned itself to dominate this highly lucrative global market. The paper is a treatise on supply and demand, and the nature of oligopolies, monopolies and power."
Langdon recently left his career in private equity to start Massive Enterprises, the parent company to several subsidiaries, including Massive Advisors, Massive Merchandising, Massive Festival Management, Massive DynaSystems, and Massive Decks Recordings. His insights into the intersection of music and finance debuted on HuffPost Entertainment and can be viewed here:
About Massive Enterprises
Massive Enterprises, LLC ("ME") is a company driven by a black swan culture and love of music. ME's mission is to leverage relationships, human capital, and financial expertise to gear inefficiencies in markets, increasing shareholder value, and supporting and funding the formation and execution of the Hexagon House, a charity formed by Massive Enterprises whose mandate is to save twelve souls per year who would otherwise be lost. For more information, visit www.massive-enterprises.com.
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SOURCE Massive Enterprises, LLC