As Investors Offer Millions, Can Electronic Dance Music Survive A Corporate Takeover?

Heavy investors, notably Robert Sillerman (famous—INFAMOUS—for transforming the music industry when his company SFX formed the nucleus that eventually became Live Nation) and Ron Burkle (billionaire supermarket mogul who attempted to purchase Warner Music)are reportedly offering as much as $60 million to leading EDM promoters in what seems to be an attempt to repeat the Live Nation model for the EDM market.