LiveNation Billionaire Robert Sillerman
at DraftDay (DDAY)
NEWS JUST ANNOUNCED! Billionaire Robert F. X. Sillerman
, an entrepreneur who has founded companies worth over $6 billion to date, is at work at DraftDay Fantasy Sports (DDAY). He is CEO of DDAY. Sillerman was responsible for a 9,000% rally of Sports Entertainment Enterprises in 2004 and a 30,000% rally of Gateway Industries in 2011.
ARTICLE FROM FRIDAY BY WALL STREET JOURNAL: http://www.wsj.com/articles/draftday-fantasy-sports-grabs-rant-1461967912
DraftDay Fantasy Sports acquires Rant, Inc. (RantSports.com) for $5M in cash
"15 million fans on their Facebook pages and generate up to 300 million video views per month"
NEWS LAST WEEK:
DDAY Acquires Rant, Inc. to Become a Leading Social Publisher
Personal net worth of $975 million according to Forbes today (probably higher).
Sillerman was an early investor in American Idol, Elvis Presley's estate, Muhammad Ali Enterprises and is majority shareholder of some of the world's largest music festivals including TomorrowLand, TomorrowWorld, Sensation, Stereosonic and Electric Zoo. Sillerman made his early fortune selling TV/radio stations in the 1980s and '90s. He landed a $400 million buyout from Westinghouse in 1989. Next, he combined multiple concert promoters into a single company which he sold to Clear Channel and which later morphed into Live Nation, a household name. Sillerman was responsible for a 9,000% rally of Sports Entertainment Enterprises in 2004 and a 30,000% rally of Gateway Industries in 2011. http://www.forbes.com/sites/steveschaefer/2011/02/08/ckx-founder-sillerman-gives-penny-stock-monumental-pop/