SKXEs Disco Donnie presents is partnered with NGHT simply because that's their method of operation. On any given week end DD presents will host, numerous partnered shows, in many different Venues.
NGHT and DD Presents both use EventBrite for ticketing, which makes transacting business for them easy.
DD Presents is a strong partner for NGHT, and their parent company SFXE is the absolute powerhouse in the EDM World.
Could there be a buy out, sure why not.
I don't personally believe the rumors of buy out talks , only because the writing style of the rumors on yahoo finance look to me like the same writing style of a poster here on investorhub who is the absolute most prolific bull poster.The same guy post under several different user ids, so he certainly has an agenda.
I'm a long and have been since .04, so Im all for his postings non the less.
Is NGHT under priced ??? I think NGHT is worth what ever some one will pay.
Both SFXE and Live Nation (LYV) loose money. Live Nation, the largest company of its type in the world, has a market cap of 4.3 Billion dollars and it rarely turns an operating profit. SFXE has yet to turn a profit at all.
NGHT is profitable and in a very sexy industry, if they can grow their business buy adding Festivals and shows beyond the Huston market they could experience explosive growth.
AI
