"There is a wave of interest in attending concerts that has less to do with the specific music and more to do with the experience attached to the music," he told the Times.

Not all of Sillerman's ventures have panned out as well as his entertainment businesses.

Construction of a luxury resort on the Caribbean island Anguilla stalled in 2008 after the developer couldn't find additional lenders or buyers. Sillerman began the project in 2002, investing up to $180 million of his own money. The development was to include a 32-room hotel and 78 villas. He already had deposits from Simon Fuller, creator of American Idol, and Da Vinci Code author Dan Brown for the resort houses. Credit Suisse Group seized the property in 2010.

Robert Sillerman in front of Graceland.
AP Photo/Greg Campbell
Robert Sillerman in front of Graceland.

Location Info

Map

Mansion

1235 Washington Ave.
Miami Beach, FL 33119

Category: Dance Clubs

Region:

Set Nightclub

320 Lincoln Road
Miami Beach, FL 33139

Category: Bars and Clubs

Region: South Beach

LIV

4441 Collins Ave.
Miami Beach, FL 33140

Category: Dance Clubs

Region: Mid/North Beach

Mokai

235 23rd St.
Miami Beach, FL 33139

Category: Bars and Clubs

Region: South Beach

Cameo

1445 Washington Ave.
Miami Beach, FL 33139

Category: Bars and Clubs

Region: South Beach

Sillerman also saw plans to build an Elvis Presley-themed casino/hotel in Las Vegas turn sour after financial markets collapsed in 2007 and 2008. His company, FX Real Estate Investors, defaulted on a $475 million loan for a 17.2-acre plot and later filed for bankruptcy. Sillerman was sued by investors for $150 million, claiming he and company insiders were engineering to wipe out shareholders' investments while retaining ownership of the property, according to Bloomberg News. The case was settled in early 2012 for $950,000, according to VegasInc.

Talknightlife, an online forum that follows Miami nightlife rumors, broke the news of Sillerman's involvement on January 11 when it posted a photo of a city notice that had been pasted outside Mokai on 23rd Street. The notice announced that there would a public hearing on January 22 regarding changing the name on the club's permit to SFX-Mokai Operating LLC. Two days later, Talknightlife published a second picture of a similar notice — again, about changing the permit to include SFX's name — outside Set, located on Lincoln Road.

News also broke last week that Sillerman has purchased the North American division of Holland-based ID&T Entertainment, a company that produces over-the-top EDM events called Sensation White across Europe. ID&T also produces Tomorrowland, a massive EDM festival held in Belgium each summer.

Yet the worry remains for the individual ticket buyer that the consolidation of EDM could lead to less variety and higher prices.

"I think that for consumers, it's not the greatest thing," said Aramis Lorie, partner at downtown Miami club Grand Central. "It eliminates the competitive nature of the business."

Jose D. Duran contributed to this report.

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12 comments
m.delvalle1
m.delvalle1

Recap from this weekend ::: Liv was dead, Mansion was dead, Story (bc it's always a long story to get through the door) was super dead. Glad to see everyone is happy.

Humberto Troitino
Humberto Troitino

Soon they're going to look like the clubs from Batman Beyond... see if anyone catches THAT reference lol

richardperez05
richardperez05

Great a new yorker is going to phuck up our club scene 

uncleash
uncleash

... remember Shawn Lewis? - "Those that forget the past shall be condemned to repeat it."

Michael Kuang
Michael Kuang

Nightclubs already suck there, now it's just easier to clump it together under one umbrella.

ashleyolguin433
ashleyolguin433

Aria. if you think Janet`s artlclee is amazing, on tuesday I got a great new Ford after having earned $7181 this past month and even more than $10k this past month. with-out any question its the most rewarding Ive had. I began this 5 months ago and pretty much immediately startad bringin home minimum $86 per/hr. I went to this web-site,, jump15.comCHECK IT OUT

pod_nt
pod_nt topcommenter

OG and Aramis are right. This might not be good in the long run. Monopolies aren't a good thing. I know some vendors and they're not digging this. 

And thanks New Times for properly citing us over at TNL. We might get into petty arguments on occasion, but you guys have always been cool with us regardless. We're fans over here in 'the community'!

 
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