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100% confirmed, SFX buys Mokai...... With documents....

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Postby The Honky Tonk Man on Fri Jan 11, 2013 1:27 pm

100% confirmed, SFX buys Mokai...... With documents....

I'm told all of Opium (Mansion, SET, Cameo, Opium Hard Rock, etc...) may fall to SFX and as for Space, it's all but a done deal but not with SFX...




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Postby The Honky Tonk Man on Fri Jan 11, 2013 1:29 pm

Re: 100% confirmed, SFX buys Mokai...... With documents....

Two things will happen for sure..

1. Wages will go down in Miami night life
2. Djs are in for a rude awaking, peak EDM booking fees in Miami have just ended...

As soon as the planning board gets off its ass and updates its website I should find out what else they bought...`


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Postby pod on Fri Jan 11, 2013 1:39 pm

Re: 100% confirmed, SFX buys Mokai...... With documents....

Regardless of the current trends in dance music being corporatized, I'm actually shocked this hadn't happened earlier. The Beach is a mall nowadays, so it was only a matter of time before the clubs themselves became part of that mall system.
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Postby pod on Fri Jan 11, 2013 1:41 pm

Re: 100% confirmed, SFX buys Mokai...... With documents....

The main Opium Group Twitter has words of job postings and SET being renovated.

https://twitter.com/opiumgroup

As if someone is putting money into the company, or there's new ownership?
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Postby LeVeL on Fri Jan 11, 2013 1:49 pm

Re: 100% confirmed, SFX buys Mokai...... With documents....

pod wrote:The main Opium Group Twitter has words of job postings and SET being renovated.

https://twitter.com/opiumgroup

As if someone is putting money into the company, or there's new ownership?



How many dam times do they need to renovate SET..lol
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Postby Dade on Fri Jan 11, 2013 1:58 pm

Re: 100% confirmed, SFX buys Mokai...... With documents....

If Opium Group and MMG are both under the SFX umbrella, does that mean no more bidding wars for talent? Can't this new powerhouse simply set prices and tell agents to take it or leave it?
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Postby pod on Fri Jan 11, 2013 2:15 pm

Re: 100% confirmed, SFX buys Mokai...... With documents....

If SFX becomes the monopoly on mid-to-large-scale nightlife in South Florida, I'd think so.
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Postby Kamen on Fri Jan 11, 2013 7:40 pm

Re: 100% confirmed, SFX buys Mokai...... With documents....

Dade wrote:If Opium Group and MMG are both under the SFX umbrella, does that mean no more bidding wars for talent? Can't this new powerhouse simply set prices and tell agents to take it or leave it?


Is MMG actually under SFX's control? Has anyone confirmed that?
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Postby The Honky Tonk Man on Sat Jan 12, 2013 11:38 am

Re: 100% confirmed, SFX buys Mokai...... With documents....

Kamen wrote:
Dade wrote:If Opium Group and MMG are both under the SFX umbrella, does that mean no more bidding wars for talent? Can't this new powerhouse simply set prices and tell agents to take it or leave it?


Is MMG actually under SFX's control? Has anyone confirmed that?


No one knows....
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Postby DannyD on Sun Jan 13, 2013 4:02 am

Re: 100% confirmed, SFX buys Mokai...... With documents....

Same sign in front of set...
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