Tag Archives: Insomniac Events

R3LL @ EDC Las Vegas 2018

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Its been a terrific 2018 for R3LL and it just keeps getting better. R3LL won the 2018 EDC Discovery Project and got to play on the Parliament Art Car on Friday night. If you were there, then you got to experience history in the making. If you were not there, luckily you can still listen to the set below. Here it is. From Jersey to Vegas, jam out to R3LL’s set from Electric Daisy Carnival Las Vegas 2018.

Live Nation to Purchase 50% of Insomniac

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Live Nation is close to finalizing a deal to buy a 50% stake in EDM promoter Insomniac Events, according to a report in the Wall Street Journal, which cited people familiar with the deal.

This information, including the speculative numbers (which valued this “about 50% stake” at $50 million), has been circulating throughout the music industry for months, with chatter peaking since Live Nation rival SFX Entertainmentinitially got in bed with Insomniac rival ID&T in January, eventually acquiring 75%of the Tomorrowland promoter (which was valued at $130 million total) in March. The first U.S. edition of the hit Belgian festival, dubbed TomorrowWorld, is set for September 27-29 in Atlanta.

In the past several weeks, Insomniac CEO Pasquale Rotella has reportedly been spotted with Live Nation president/CEO Michael Rapino at several events in Los Angeles. Live Nation failed with Identity Festival and are looking to secure their position in the market. The ownership stake in Insomniac is a perfect match.

What Rotella and Insomniac have had issues with in the past are legal problems. From bribery allegations a the L.A. Coliseum to be called out by the LA Times, Rotella can’t seem to get away from the people who want to label us all as drug fueled ravers.

Live Nation has the backend to support whatever kind of expansion Insomniac plans. They own venues across the world (full list), the House of Blues chain in America and not to mention distribution through Ticketmaster as well. More importantly, Live Nation has the high level relationships in place and legal team to support Insomniac in whatever market they choose to enter.

In 2012, Live Nation did $5.8 billion dollars in revenue (Billboard). They could have easily purchased Insomniac entirely, but instead they’re taking an equity stake in the company, this isn’t a buyout.

Live Nation has a vested interest in Rotella’s success and must believe in his vision.

So instead of worrying about the Electric Daisy Apocalypse, be happy that Pasquale Rotella was able to find a company that supports Insomniac and will provide the means for them to grow.

Gary Richards, founder of HARD Events, on working with Live Nation after being acquired,

“Everything that we do is going to stay the same. I just have more resources to work with – more people to help me produce the festival, help me with finances, taxes, contracts – all the stuff that you gotta deal with when producing large shows.

That’s not what I want to really be doing so by working with Live Nation, I can go out and be more creative and do more of the fun stuff and not have to get bogged down with a lot of that nonsense. Everything will still come out of my head; they are just going to help me piece it together a lot more efficiently and run it a lot better.”

Richards says Live Nation will make HARD more efficient than ever: “Before we had an old Chevy and now we have the Ferrari that’s rolling on all cylinders.” via Billboard

 

Insomniac presents: Wet Wonderland

www.marqueelasvegasAfter a successful 2012 pool season, Marquee Nightclub & Dayclub at The Cosmopolitan of Las Vegas and Insomniac – the producer of music festivals such as the Electric Daisy Carnival; announce the return of Wet Wonderland. This incredible daytime party launches April 27 with Avicii and will take place every Saturday, poolside at Marquee Dayclub, featuring world-class artists, performers and an unparalleled fan experience.
“Insomniac is a masterful event producer and their unmatched festival experience will deliver a new atmosphere to the Marquee Dayclub venue, creating an amazing daytime party each Saturday,” said Marquee Nightclub & Dayclub partner Jason Strauss.
Insomniac’s track record of producing the most innovative and creative electronic dance music events in the world combined with Marquee’s history as the premier host of electronic dance music artists, guarantees that Wet Wonderland will once again be a can’t-miss experience when it returns later this month.
“I’m very excited that, for the second year in a row, Wet Wonderland will provide a unique experience for guests to be by the pool listening to their favorite DJs while circus-like performers and the energy that our fans bring add to the fun,” said Insomniac’s CEO, Pasquale Rotella. “The spirit of Insomniac’s fans alongside Marquee’s beautiful venue, guarantees that Wet Wonderland will be a day-time experience unlike any other in Las Vegas.”
Marquee’s resident world-class DJ talent, along with special surprise guests will headline the weekly extravaganza at the venue.
Dance music phenomenon, philanthropist, and record label executive Avicii will headline the season launch of Wet Wonderland. The #3 ranked DJ in the world raises industry standards with projects such as his major global collaboration, Avicii X You, along with his visionary, crossover album that he premiered just last month. As this year’s IDMA winner for Best Artist (Solo), Avicii moves forward with his remarkable career to push the limits of what is possible within music and beyond.

April/May Wet Wonderland Line Up:

27-Apr Avicii
4-May Armin Van Buuren
11-May Cosmic Gate
18-May Benny Benassi
25-May Gareth Emery

http://www.marqueelasvegas.com/event/dayclub-avicii-42713/