HOUSTON, June 7, 2012 /PRNewswire/ -- NightCulture Inc. (OTCBB: NGHT), America's first Electronic Music publicly traded company, would like to share with its shareholders an article from the New York Times published yesterday June 6, 2012.
The article is titled, "A Concert Mogul Is Betting on Electronic Dance Music" by Ben Sisario
The man who corporatized the concert industry is back, and he wants to dance. Robert F. X. Sillerman, the media executive who transformed the live music business in the 1990s by combining regional concert promoters into the nationwide powerhouse that became Live Nation, has returned to the business with the first of what he expects will be a string of investments in electronic dance music, the industry's latest trend.
Echoing his strategy in the concert business, Mr. Sillerman is pursuing independent companies that put on dance festivals, D.J. parties and other events where the crowds might range from a few hundred people to tens of thousands. He said in an interview on Monday that his first acquisition was Disco Productions.
Read the rest of the article here: http://www.nytimes.com/2012/06/06/business/media/mogul-to-increase-bets-on-electronic-dance-music.html?emc=eta1
About NightCulture Inc.
NightCulture Inc., "Concerts that Change Your Life", is a premier producer of live concerts and events. NightCulture operates in the following markets: Houston, TX, Austin, TX, San Antonio, TX, & Oklahoma City, OK. NightCulture events are primarily in the Electronic Dance Music (EDM) genre. Hundreds of thousands attendees have experienced our events and the number continues to grow with every show. NightCulture Inc. is the first Electronic Music oriented company to ever trade in the public markets. http://www.NightCulture.com
NightCulture Inc. has produced hundreds of concerts featuring world class artists such as: Tiesto, David Guetta, Deadmau5, Skrillex, Armin van Buuren, Benny Benassi, Kaskade, Infected Mushroom, Afrojack, Above & Beyond, Will.i.am from the Black Eyed Peas, Paul van Dyk, Rusko, Axwell from Swedish House Mafia, Ferry Corsten, Calvin Harris, Flux Pavilion, Gareth Emery, Markus Schulz, ATB, Sasha, John Digweed, Cosmic Gate, Pretty Lights, Paul Oakenfold, Calvin Harris, Carl Cox, Pete Tong, Richie Hawtin, Avicii, Bob Sinclar, Boys Noize, Hernan Cattaneo, Wolfgang Gartner, Bonobo, Deep Dish, plus many many more!
Any forward-looking statements, as defined in the Securities Exchange Act of 1934, in this release (often identified by such words as "believes," "expects," "beginning," "intended," "planned") regarding future expectations, objectives, and plans for NightCulture Inc. are based on opinions and estimates of management at the time the statement was made. Various known and unknown factors may cause actual results to be materially different from the expected outcomes. A complete discussion of the risks and uncertainties which may affect NightCulture's business is included in "Risk Factors" in the Company's Current Report on Form 8-K as filed by the Company with the Securities and Exchange Commission. NightCulture Inc. does not, as a matter of policy, update or revise forward-looking statements. Actual results may vary materially.
SOURCE NightCulture Inc.