SFX revenue declines in Q3

James Hanley

SFX Entertainment has published its Q3 15 financial results, reporting that its revenue declined by $10.3 million, or 7%, year-on-year to $133.2m.

Revenue for the three months ended September 30, 2015 was adversely impacted by around $4m of lost revenue due to the cancellation and/or partial cancellation of several events.

Overall financial results for the year will not meet prior expectations, admitted the EDM promoter's chairman and CEO Robert FX Sillerman (pictured). 

“Despite continued strong gains in total attendance, the ...

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