×
You will be redirected back to your article in seconds

SFX turns up urban beat

Pickup in tune with R&B boost

Concert industry titan SFX Entertainment has jumped into the urban music marketplace, acquiring 50% of A.H. Enterprises, a leading promoter of concerts in the genre. Run by Al Haymon, the L.A.-based outfit has shepherded some of the industry’s top tours.

SFX’s multimillion-dollar pickup comes as many major players are taking steps to raise the genre’s profile as there have been few well-organized R&B tours of late. Recently, Creative Artists Agency expanded its contemporary music division to include an R&B arm.

In addition to guiding roadshows by such acts as Whitney Houston, Janet Jackson and Boyz II Men, Haymon has been ahead of the industry curve in inking corporate support for the genre.

His pact with Budweiser 15 years ago for the potent Superfest roadshow is his most notable deal. Recently, Haymon linked with General Mills to present a series of tours.

“Al Haymon is a name synonymous with success in the field of pop- urban music,” said Mike Ferrel, CEO of Gotham-based SFX. “As a partner, he will bring to our numerous venues a wonderful variety of talented performers, a number of whom have not previously played on many of our stages.”

Ferrel called the move “an important extension of our product line. I am sure his contributions to SFX will be felt immediately.”

While the industry views the genre’s audiences as style setters, these auds fly under the radar for much of corporate America.

“By pooling our resources with Al, we hope to leverage his tremendous roster of talented stars into our own national footprint … and to expand his already substantial base of sponsors,” Ferrel said.

Calling Haymon one of the country’s top three promoters, SFX Music Group chairman Jack Boyle noted, “We can learn much from the expertise he has developed over a brilliant career spanning the last 20 years.”

SFX Entertainment, the world’s largest promoter, producer and venue operator for live entertainment events, has been snapping up the nation’s top concert promoters over the past two years, spending $1 billion to acquire promoters and venues as part of an unprecedented buying spree.

SFX owns, wholly or in part, or operates 82 sites used principally for music concerts and other live entertainment events, such as auto races and Broadway shows — the largest such network in the nation.

SFX recently realigned its operation into four distinct units: music, theatrical, family entertainment and sports.

More Music

  • Gerald Blum, Inspiration for 'WKRP In

    Gerald Blum, Inspiration for 'Big Guy' Carlson on 'WKRP In Cincinnati,' Dies

    Gerald “Jerry” Blum, the inspiration for the character of radio station general manager Art “Big Guy” Carlson on the long-running TV sitcom “WKRP in Cincinnati,” died Saturday at 86. The Atlanta radio veteran was affectionately transformed into the fictional Carlson by veteran comic actor Gordon Jump on “WKRP,” which ran for four seasons on CBS [...]

  • Arista Records, Mogul Vision Launch Joint

    Arista Records, Mogul Vision Launch Joint Venture

    Arista Records and Smokepurpp/ Lil Mosey manager Josh Marshall today announced the launch of Mogul Vision Music, a new joint venture label focused on “breaking extraordinary talent and building artist careers through innovative A&R, branding and marketing strategy,” according to the announcement. Based in New York with Marshall (pictured above left, with Massey) as its CEO, the [...]

  • Jussie Smollett

    Jussie Smollett Faces Prison, Career Ruin if He Lied About Attack

    Jussie Smollett is facing prison time and the implosion of his career if it turns out he lied about being the target of a hate crime, legal and public relations experts say. “The best thing that Jussie can do is pray and pray a lot,” said Ronn Torossian, founder of 5W Public Relations. “If he [...]

  • Ryan Adams Capitol Records 75th Anniversary

    Ryan Adams Silenced by Radio Amid Allegations

    Ryan Adams, currently mired in sexual harassment charges raised by a story in the New York Times last week, is being abandoned in droves at Adult Album Alternative radio stations around the country. The singer/songwriter had been a stalwart of Triple A since scoring No. 1 singles with “New York, New York” in December 2001 [...]

  • Watch First Trailer for Motley Crue

    Watch First Trailer for Motley Crue Biopic 'The Dirt'

    Netflix has dropped the first trailer for its Motley Crue biopic “The Dirt” — based on Neil Strauss’ best-selling history of the legendarily bad-behaved ‘80s metal icons — and it looks like the film pulls no punches in terms of the band’s famously sordid history. In this two-minute trailer, we get glimpses of singer Vince [...]

  • Martin Bandier to Be Honored at

    Martin Bandier to Be Honored at Songwriters Hall of Fame Ceremony

    Martin Bandier, outgoing chairman and CEO of Sony/ATV Music Publishing, will be awarded the Visionary Leadership Award at the 50 th Annual Songwriters Hall of Fame Induction and Awards Dinner. The ceremony will take place on Thursday, June 13 at the Marriott Marquis Hotel in New York City. According to the announcement, the Visionary Leadership Award “acknowledges a member of the Songwriters Hall of Fame Board [...]

More From Our Brands

Access exclusive content