Once Morrow had a beef with the late-night deejay at their Middletown station. [17][18] In December 2013 Viggle acquired Wetpaint for $30 million in stock and in early 2014 Viggle acquired Digit Media, an entertainment app producer. This ultimately led to the Telecommunications Act of 1996 allowing for ownership of multiple stations in single markets Capstar merged with Command Communications, another radio group Sillerman founded, ultimately changing its name to SFX Broadcasting. But nearly every time Sillerman sold, he and his investors made money. Sillerman paid $196 million to buy 19 Entertainment. He was married to Laura Baudo. (Photo: Robin Marchant/Getty Images). Only Mike Darnell [at Fox] got it straight away., Man in the middle: Simon Fuller (in back) with Idol stars Kelly Clarkson, Ruben Studdard, and Fantasia Barrino.Ray Mickshaw WireImage/Getty Images. But the company had no serious strategy, a former employee told Billboard at the time, and Sillermans frequent misrepresentations angered investors, including a plan to take the company private in May 2015 that collapsed when it became clear that Sillerman didnt have the $700 million needed to finance the deal. That seemed to sum everything up., A daily briefing on what matters in the music industry. Robert Francis Xavier Sillerman was born on April 12, 1948, in the Bronx neighborhood of Riverdale in a very typical, liberal, educated Jewish household, according to the 2011 book Ticket Masters: The Rise of the Concert Industry and How the Public Got Scalpedby Dean Budnick and Josh Baron, which secured an interview with Sillerman. Bob went out and taught salespeople; I taught the on-air staff. In 2011, he tried to replicate his past success by capitalizing on the dance music craze, consolidating the EDM business into what he hoped would be a Live Nation-style powerhouse. The man who bought Elvis is Robert F.X. The duos tactics could be unorthodox. This is a BETA experience. Then, Lisa says, the failure of the Elvis Presleys Memphis restaurant on Beale Street in 2003 made matters urgent. At the time it was the largest gift ever received by an alumnus to the university. Sillerman was also a major shareholder of CKX Inc. In some ways, thats good news for Sillerman and SFX: the cost of talent is no longer skyrocketing. Backstage at The Ed Sullivan Show, 1956: Elvis with the host and manager Parker (left). He sold the company in 1972 to the Boston ad firm, Ingalls. Sillerman, the New York businessman who consolidated a number of U.S. concert promoters in the 1990s and created the company that would eventually become Live Nation, died Sunday.. The entrance is through original doors from the Paramount Theater. (The balance is transaction costs.). Sillerman told Estopinal he had $1billion to spend on the rollup on an S-1 form announcing the IPO of SFX, Sillerman listed holdings that included online marketplace Beatport, the American-arm of Dutch company ID&T that produced festivals Tomorrowland and Sensation, Electric Zoo founders Made Events, German promoteri-Motion and Australias Stereosonic festival producer Totem Onelove Group. As of December 2013, Viggle companies had a combined 17 million monthly users. Now when we dont need it, were flooded with it, Sillerman says. While he pointed to lucrative deals with Anheuser Busch, MasterCard and T-Mobile and those companies increased yearly ad spend, the SFX CEO admitted that his earlier business models anticipated greater participation from brands. He was one of the producers of The Producers, the Broadway hit, written by his friend Mel Brooks, that ran for six years and pushed the limits of ticket prices on Broadway. Sillerman, Transform Television? Says a top Wall Street banker: Hes a very smart guy, but I dont think you want to be sitting on the other side of the negotiating table from him.. Despite having established brands, the festivals that were acquired by Sillerman's empire collectively moved in the opposite direction of what was expected. Today, that blueprint to take over the electronic dance music (EDM) world is in shambles, the result of poor management, suspect financial planning and a certain hubris that Sillerman, who corporatized the live music industry in the 1990s, could do it all over again. Mr. Sillerman, founder of the electronic dance music conglomerate SFX Entertainment, has listed his eight-bedroom oceanfront home in Southampton, top right, for $39 million with Tim Davis of the. Im not very knowledgeable about real estate, he reportedly told the New York Post at the time. I suppose if you were a psychiatrist you could say I wanted to do well, where my father had had a lack of success, Sillerman says. Thats not the basis of CKX. He passed away in his sleep on Sunday at the age of 71. He graduated from Brandeis in 1969 and, three years later, sold Youth Marketing Consultants to Ingalls, an advertising firm in Boston. These are Sillermans strengths: identifying trends in the media business before others, then gathering and deploying capital to make the strategy work. By the time Mr. Sillerman began buying radio stations in the late 1970s, he was using a new name: Robert F.X. It had earlier been trading on the NASDAQ exchange. Mr. ", "Mobile app Viggle sets terms for $50 million NASDAQ listing", "GetGlue Sale to Sillerman's Viggle Cancelled", "GetGlue Acquired by Viggle for $25M, 48.3M Shares of Stock", "Viggle Buys Dijit Media, in Another Second-Screen TV Mashup", "Viggle Acquires Dijit, Will Connect Its Rewards Program To Dijit's TV Discovery App", "With Over 9.5 Million Registered Users, Viggle Expects Fiscal 2015 Revenue to Increase More Than 40% Year-Over-Year to $25.6 Million", "SFX Beefing Up Digital Capabilities, Plans to Buy Tunezy, Fame House and Arc90", "Mogul to Increase Bets on Electronic Dance Music", "SFX Enters Ticketing Business with $16.2 Million Acquisition of Europe's Paylogic", "Electronic music promoter SFX files for $175-million IPO", "Robert F.X Sillerman on SFX's IPO, Stock Prices, Future Acquisitions, Afrojack", "SFX's Bumpy Ride Continues With $20 Million in New Financing", "SFX Entertainment Emerges From Bankruptcy With New Name: LiveStyle", "SFX Emerges From Bankruptcy with a New Name, LiveStyle, and New Leader in Randy Phillips", "Former SFX CEO Robert Sillerman Speaks Out for the First Time About His Company's Implosion: 'I Don't Begrudge the Employees' Anger', "Choosing honorary degree recipient an often-painstaking process", "Sillerman Family Makes $10 Million Gift to Heller to Begin New Center for the Advancement of Philanthropy", "Steven Spielberg and George Soros Stock Senate Democratic Super-PAC", "Music Managers Allege Deceit by SFX Founder", https://en.wikipedia.org/w/index.php?title=Robert_F._X._Sillerman&oldid=1135076047, American entertainment industry businesspeople, American telecommunications industry businesspeople, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 22 January 2023, at 14:00. Those companies promised two things. Robert F.X. SFX now has a market capitalization of $88 million. 19 also manages the career of soccer superstar David Beckham and his wife, Victoria (a.k.a. His plan was to spend $1 billion to buy EDM-related companies around the world, telling FORBES in 2012: If we do this with the right people this will be bigger than the first SFX.. The orginal goal was to buy Pasquale RotellasInsomniac, explained Estopinal. The company that emerged would become Clear Channel, which is now known as iHeartRadio. Sillerman had bought Elvis Presley Enterprises from Lisa Marie Presley in 2005, but later sold it to a private equity firm. SFX, however, had problems from day one. Sillerman took the job on two conditions: that the college scrap ill-defined programs and focus on marine science and creative writing and that he be allowed to handle publicity. This company owned "American Idol" and the licensing rights to Elvis Presley and his Graceland estate. By day he majored in political science, while by night in 1966 he launched Youth Market Consultants, offering fellow students discount magazine subscriptions while advising marketers on how to target the teen set. It Takes a Lot of People to Create All This AI Music. When his record company rereleased Elvis singles to promote his latest greatest-hits compilation in 2002, 19 of them became top five hits in Britain. How Trust In Institutions Determines COVID Vaccination Rates In The EU, Clubhouses Future Depends On Data - How To Build A TikTok Like Algorithm. Its easy to say that in hindsight, Sillerman told Billboard in a June 9, 2016article. We were misinformed by an SFX spokesman. In May 2009, Credit Suisse filed a request for summary judgement in New York State Supreme Court, alleging Sillerman had failed to pay the . Think about it. Posh Spice). Sillerman intends to buy more high-profile properties like these (think athletes and rock groups, for instanceSillerman is tightlipped about possible deals), find new ways to distribute them, and increase their value. Sillerman Net Worth. They wanted to marry content with distribution, where CKX will not be in the traditional distribution business. I dont want to be like Martha Stewart and talk about what I shouldnt, Lisa says with a chuckle. And then in early 2000, lightning struck again. Powered and implemented by Interactive Data Managed Solutions. Today about 600,000 visitors make the pilgrimage to Graceland each year (30% from abroad), paying between $22 and $55 apiece. CKX has the rights to the Elvis name, image, likeness, and trademark, which are currently used in 100 or so merchandising and licensing deals. A crucial part of his strategy was using the nationwide audience at SFXs shows to lure sponsorship deals by big consumer brands like Smirnoff and Levis. A brash figure in the financial pages, he bought and sold lucrative radio and concert businesses and controlled the Elvis Presley estate. This stands out as unique. Another show with legs? Meet the Women in Music Honoree Who Escaped the IronCurtain, Manson Accusers Recantation Cant Be Used for Now in Case Against Evan Rachel Wood, JudgeSays, Fadia Kader Joins Venice Music as EVP &GM. He often named his companies using some combination of those initials. (Photo: Robin Marchant/Getty Images). Though these unfortunate events have more to do with the young generation experimenting with different ways of altering their consciousness while listening to music than the music itself, MDMA-based drugs have a certainly become a part of EDM culture. But Mr. Sillermans success ran out in recent years when he tried to repeat his concert model with a new version of SFX Entertainment, this time going after electronic dance music, or EDM a bull market in 2012, when Mr. Sillerman opened the company with a $1 billion war chest. [10], Leading CKX, Inc., Sillerman bought majority rights to Graceland, the Elvis Presley estate;[11] as well as the assets of Simon Fuller's 19 Entertainment, whose assets include TV hit American Idol and managed clients including football player David Beckham. At various points heated negotiations and lawsuits ensued between Sillerman and the likes of PaineWebber, Steinhardt Partners, and W.R. Huff, who alleged that Sillerman was trying to shortchange investors. I also thought she was shrewd and perceptive. In 2000 he sold a company that owned concert venues to Clear Channel for a reported $3 billion. Investor Robert Sillerman is combining the King, American Idol, and other entertainment assets to build his next media conglomerate. It didnt scale and this round was young promoters that werent as established as the promoters from the first round of buyouts in the 1990s. We took on more debt than I felt comfortable with, she says. Hes been known to sneak up on people and scare them. Robert Sillerman, founder of SFX Entertainment, has died, Billboard reports and Sillerman's lawyer Sanford Philip Rosen confirmed to Pitchfork. With a market value of $1.1 billion, is CKX overvalued? The results supported theories that Sillerman--who proposed in late May to take the company private at a price of $5.25 per share--didnt have the financial partners or intent to buy his cash-strapped company. "Robert F. X. Sillerman," Wikipedia.org. But the flattening rates for top acts may be symptomatic of demand, a signal that EDM more broadly is approaching a saturation pointand that pouring more money into creating more festivals, Sillermans plan all along, is not a viable strategy anymore. While he survived that battle, Sillerman is now in a fight to salvage SFX Entertainment, which went public at $13 a share and was valued at more than $1 billion in Oct. 2013. Mr. Sillerman was the founder, a major shareholder and served as Executive Chairman of SFX Entertainment from its inception in 1997 until its sale to Clear Channel Communications in August 2000. Contestants on the new Fox hit So You Think You Can Dance.Jason Merritt FilmMagic/Getty Images, So why did Sillerman buy Fullers company? Lately Sillerman has become more guarded, though. Clear Channel, which had already purchased many of Sillermans radio stations from Hicks Muse, agreed to buy SFX Entertainment for a reported $3 billion. It runs in the family: Lisa Marie Presley signs autographs for NASCAR fans at Daytona Speedway this past July. Their daughter, Mackinley, died in 2012. For its money, CKX got a 90-year lease on Graceland, stipulating, among other things, that the premises may not be used as a massage parlor, a mortuary, or [for] the manufacture, sale, or distribution of feminine hygiene products. (Gives you an idea of how much attention Lisa and Soden pay to protecting Elviss image.) His father, Michael McKinley Sillerman, was a radio executive who went bankrupt when his son was 13. Its main app NextGuide and Digit Reminder Button was integrated into Viggle software. No, I dont think the mistakes I made had anything to do with my lack of background on this particular type of music, he said. [9] Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices Sillerman's net worth , money, salary, income, and . Well, its a little early to ask that question. Really? Among them was former Beatport CEO Matthew Adell, who stepped down less than two years after selling his company for $50 million in early 2013. There are so many ways to exploit that level of awareness. Mr. Sillerman had recently been living in Hinsdale, N.H. For decades, Mr. Sillerman was a regular in the headlines of the financial press, buying and selling numerous media and entertainment businesses, often at a huge profit, and presenting a brash public persona that sometimes rivaled those of the celebrities he dealt with. With Finkel by his side and Estopinal giving the pair needed credibility, Sillerman set out to once again consolidate the dance music business by buying up dance promoters in Europe, Asia and North America. Sillerman worth at the age of 71 years old? Says his longtime business partner, disc jockey Cousin Brucie Morrow: Bob is very exhausting to be with. SFX grew into the nations seventh-largest chain and sold its 71 radio stations for $2.1 billion in 1998. He was never really at 100%.. He. This year, there are 88 festivals that we anticipate doing, said Sillerman. [37], In May 2012, Sillerman was accused of sexual harassment by an employee of Function X. Investor and media executive Robert F.X. Despite this, the 67-year-old CEO said that he is the right man to run the troubled business and that he still wants to own the company even though he reneged on a plan to take it private earlier this month. American Idol is much more like a game show than a reality show, says Fuller. Now that Im a part of CKX, I have the resources to do three or four. Sillerman hopes thats a positive, not a negative. Estopinal says he last saw Sillerman at a deposition, but he remembers sending Sillerman a note after the bankruptcy, acknowledging the failures of SFX while also thanking him for the opportunity to be part of the company. Helped by federal deregulation of radio ownership rules, the two were able to quickly amass a chain of more than 70 stations, which they sold in 1997 to a larger rival, Capstar Broadcasting, for $2.1 billion. He also made money on Broadway as an executive producer for Mel Brooks' musical The Producers. Bear Stearns analyst R. Glen Reid says to also look for a 2,000-seat Elvis theater in Vegas. Robert F.X. That is, if SFX is still around in a year to run those events. FORBES first started charting DJ earnings in 2012; a year later, the collective income of the top ten acts had doubled. Thats the whole game., Robert F.X. Hes obviously smart, and he doesnt b.s. DJ Afrojack (left) and Sillerman at the NASDAQ MarketSite in New York in 2013. Sillerman stood stone-faced on the cover of Billboard magazine. (Photo credit: Jonas Roosens/AFP/Getty Images). Earlier this month in Los Angeles county, two female attendees of Live Nation-run event HARD Summer died of apparent drug overdoses. (Per capita, Canadian Idol is much bigger than its U.S. Inspite of the distractions, he explained that he is 100% committed to do a deal to take SFX private and is in robust conversation with several people that want to participate with him. The hotel, Sillerman and Soden say, is just screaming to be expanded, upgraded, and replicated in other locations. And I haven't a fucking clue what they do or what they're talking about. Function (x) Founder Education Robert FX Sillerman studied at Brandeis University. But instead of a billion-dollar acquistion, Sillerman wiped out hundreds of millions in investor money and eventually had to file for bankruptcy. Industrial Media. Didnt work. Okay, so come on, Bob, what does F.X. Sillerman in the gift shop at Graceland, Elvis Presleys home in Memphis. Late last year Lisa Presley flew to New York to meet Sillerman face to face. And they said they would synergize their content. Anyone can read what you share. Within a matter of weeks it is likely that CKX will announce some sort of Elvis Presley or Graceland-themed casino in Las Vegas. The third and fourth floors boast a bedroom with 20-foot ceilings, a woodburning fireplace, two bathrooms one of which has another woodburning fireplace and two dressing rooms. We have to be careful to not deprecate Elviss legacy or to damage our authorized and official Elvis shows.. Nearly three years ago, Robert F.X. Once on the Forbes 400 list, he also briefly owned the WLAF's New York/New Jersey Knights. Fuller is signed up to head 19 Entertainment in a five-year contract. The founder. Sillerman has passed away at age 71, according to The New York Times. [8], In 1989 Sillerman formed Capstar Communications. And she had a great sense of humor., Here then are the terms of the deal between Sillerman and Lisa Presley: CKX paid $114 million for an 85% interest in Elvis Presley Enterprises; Lisa retains the other 15%. Around that time Sillerman was diagnosed with tongue cancer and underwent chemotherapy, which sidelined him for several months. During its public run, the company also sold $295 million debt to finance additional acquisitions and fund operating losses. Take a walk through Elviss home with the throngs, and the feeling you get is reverential. Another show with legs? In other words, distribution companies are falling all over each other to reach customers through new, competing outlets. Before 157 West 57th Street became One57, that glassy billionaire's priapism which has come to stand for a whole battery of class . By that time Mr. Sillerman had turned his sights on another industry ripe for consolidation: the nationwide concert circuit, which had long remained a loosely connected network of venues and promoters who operated regional fiefs. We cured him. By 1985 the pair had accumulated some 70 stations, which they sold for some $50 million. Robert Francis Xavier Sillerman (April 12, 1948 November 24, 2019)[1] was an American businessman and media entrepreneur. On this Wikipedia the language links are at the top of the page across from the article title. But isnt American Idol just another reality show that will soon run out of gas? And get this zinger from Reids report: CKX apparently has the right to shut down impersonator shows. (Say it aint so!) Sillerman attempted to rebrand the project as a Baccarat Hotel but this also failed. EDM Mogul Bob Sillerman Finds a Buyer for His $28 M. Townhouse. Robert Sillerman and Laura Baudo Sillerman attend NEW YORKERS FOR CHILDREN 2007 Fall Gala at 583 Park Avenue on September 18, 2007 in New York City. 1 hit in more than two dozen countries, including the U.S.) And Elvis impersonators are still fixtures in everything from movies to corporate events. What Sillerman bought was Elvis Presley Enterprises (EPE), a company that gets its $40 million in annual revenue from Graceland tours, onsite retailing, and licensingeach contributing a bit less than a third of the totalwith the balance derived from an apartment complex and the Heartbreak Hotel. Attracting funds, at least at this point, wont be a limitation. Terms & Conditions. 2023 Billboard Media, LLC. Robert F.X. Bob is like a Clint Eastwood character in an old Western movie, says Dennis Arfa, a business associate of Sillerman. But it had to be a biggie to make economic sense. While Sillermans buying spree made sense to few of the sellers in the later 90s, the dots quickly connected by the time he sold the business. However, since doubts of Sillerman's take-private began to emerge in July, the company hasn't disclosed a bona fide competing offer. A version of this article was originally published in the December 12, 2005 issue of Fortune. Read the original story on The New York . At least so says a Wall Street entrepreneur who is hoping to make Elvis the centerpiece of his burgeoning media companynot only extending the Kings reign but also taking advantage of technological and demographic changes rocking the media and entertainment industries. His timing seemed impeccable. Mr. Sillerman gained control of the Presley estate. The founder of SFX Entertainment rarely spoke about the impact of his daughters death but his friends say it weighed on him and changed his outlook. Sillerman announced in early June that he'd be making a return to the live entertainment industry, and today he made his second purchase toward that. I dont know whether its directed at a specific individual, or a type of individual, or more as my interpretation of Albert Einsteins fabulous quote: No problem can ever be solved from the same level of consciousness that created it. And thats what Ive done my whole life. [2][3], Sillerman was born to a Jewish family in New York City, and was raised in the Riverdale neighborhood of the Bronx, the son of Estelle (Levande) and Michael McKinley Sillerman. Sillerman had bought Elvis Presley Enterprises from Lisa Marie Presley in 2005, but later sold it to a private equity firm. Sillerman, the entertainment. You may find him a bit quirky. A serial media-industry entrepreneur, Sillerman was best-known at the time for buying up concert promoters under the rubric of SFX Entertainment and, in 2000, selling them to the radio giant. Man in the middle: Simon Fuller (in back) with Idol stars Kelly Clarkson, Ruben Studdard, and Fantasia Barrino. (Critics at the time complained that Sillerman overstepped his role by collecting fees for acting as both his companys financial advisor and investment banker during this period.) As a business, though, Elvis has been stagnating. on fraud charges for his work with Function (X). [21], In 2012, Sillerman rebooted SFX Entertainment, this time with a focus on the electronic dance music industry. We dont have enough time on this call to talk about the mistakes I made, said Sillerman during a 30-minute phone conversation from his New York City home, his voice gravelly and occasionally interrupted by a breathing apparatus due to a past bout with tongue cancer. Sillerman, Self: 60 Minutes. In September 2012, Sillerman announced his biggest project to date on the cover of Billboard, sporting a black leather jacket, a global-shaped disco ball and a handkerchief in his pocket that famously read FOff., Its a universal statement, Sillerman told Billboard writer Kerri Mason. Robert F.X. He replied with an email that said, Can I borrow a dollar? Estopinal said. CKX raised $251 million at its IPO earlier this year, which it used to pay back $150 million in loans from Bear Stearnsthe rest it paid directly to 19 Entertainment or kept as capital. In just the past few weeks weve seen a flurry of deals by companies seeking to profit from this tumult: TV networks are offering shows for sale, AOL is selling vintage programs online, and cellphones and iPods can now deliver music, video, and TV. Sillerman was a significant player on Broadway. When presented to the public--and later, Wall Street--the plan for SFX Entertainment seemed simple enough: roll up local EDM event organizers under one umbrella organization that could drive profits by providing structure and efficiency. On Friday, the stock closed at 91 cents a share. Lisa Marie Presley, Elvis' daughter, had sold the majority of Elvis Presley Enterprises, . Down the road EPE may construct more Graceland-like properties in places such as Dubai and Macau, and perhaps develop a concept similar to the Hard Rock Cafs in Europe. Robert F.X. Sillermans new frontier was to be EDM, a genre whose live events like Electric Daisy Carnival and Belgiums Tomorrowland were drawing millions of neon-wearing, glow stick-flashing young adults to festival grounds around the world. In 1985 Sillerman entered into a partnership with radio/television industry executive Carl E. Hirsch (known as Legacy Broadcasting) to acquire KJOI-FM, Los Angeles for a then record-setting $44 million, as well as other stations in Denver, Detroit, Minneapolis, Washington D.C., Houston, Philadelphia, Los Angeles and New York City. With so many formats vying for consumers attention, content is king. Additionally, Robert FX Sillerman has had 6 past jobs including Founder at Live Nation. And dont even think about asking him what his middle initials, F.X., stand for. Correction: In The Man Who Bought Elvis (Dec. 12), we wrote that SFX Entertainment once owned New York Citys Roseland Ballroom. Offers may be subject to change without notice. In addition to Mr. Sillermans brother, Ms. Baudo Sillerman survives him. The truth is, for all of Elviss transcendent mystique, EPE has never been much of a business. He was also starting to run afoul of the SEC an audit by the firm BDO of his company Function(x)found that Sillerman allegedly broke the law when he transferred $6.1 million into his own personal account and withdrew $500,000 in cash with no explanation and no supporting documentation. Sillerman settled the case with the SEC in June, agreeing to a $179,000 fine and a ban from holding an officer or director role at any public company. Robert Sillerman stepped down as CEO of SFX Entertainment in February, but the story between them continues. (Hicks Muse agreed to spin this business off to SFX shareholders.) Last month, the company reported a second quarter net loss of $48 million on revenue of $121 million, up 48% from the same period last year. After selling SFX Entertainment, Mr. Sillerman pursued various entertainment projects. And there are a couple of Sillerman stories that involve nudity. Try A Different OS, Get Vaccinated? [15][16] As of the end of 2013 Viggle had about 3.7 million users. In 1993 he founded SFX Broadcasting with a partner, R. Steven Hicks. Elvis was available. (Note: CKX also recently bought MBST, a small talent agency in L.A., which does advisory work for the Beatles company, so stay tuned.) Robert F.X. How big will CKX become? It declared bankruptcy in 2016, and many of the assets it had amassed were sold off. counterpart.) In the mid-1980s the Federal Communications Commission was beginning to loosen its restrictions on the number of radio stations that could be owned by a single operator. Sillerman had no intention of consolidating the EDM industry before he met Paolo Moreno in January 2012, said Steven Feldman, a Hueston Hennigan LLP attorney representing Moreno and two other plaintiffs. Sillerman, Concert Industry Consolidator, Dies at 71", "American Idol Sillerman Dealt Elvis Default Heartbreak in Vegas", "Will Viggle, the 'Loyalty Program for TV' From Robert F.X. (Photo credit: Jonas Roosens/AFP/Getty Images), Increase Website Performance With Three Metrics, Europe Is Lagging Behind In Developing Large AI Models, Deepfakes - The Danger Of Artificial Intelligence That We Will Learn To Manage Better, Overview Of How To Create Deepfakes - Its Scarily Simple, Ukrainian Startups Showing Resilience In A Time Of War, Worried That Your Phone Is Spying On You? [29] In December, the company went private and was renamed LiveStyle, with Sillerman exiting the company in favor of former AEG Live executive Randy Phillips as CEO. Sunday at the age of 71 years old Broadcasting with a focus on the electronic dance music industry are the. Within a matter of weeks it is likely that CKX will announce some sort of Elvis Enterprises! November 24, 2019 ) [ 1 ] was an American businessman and media entrepreneur Sillerman worth at the MarketSite! A business, though, Elvis has been stagnating AI music, its a little early to ask that.... 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