Sillerman -- founder of what is now Live Nation -- re-launched SFX Entertainment as an EDM conglomerate .
Sillerman -- founder of what is now Live Nation -- announced his plan to invest $1 billion to acquire EDM businesses .
Sillerman -- founder of what is now Live Nation -- re-launched SFX Entertainment as an EDM conglomerate , and announced his plan to invest $1 billion to acquire EDM businesses .