Knife Party New Banger

On May 6th, the bass-driven duo Knife Party will release its third EP, Haunted House, on Earstorm Records. It will be available for download through iTunes and, according to the guys, will also be available to purchase using Bitcoins.

We can tell you that one standout track from the Album is going to be LRAD. It's an addictive floor killer that will be making the rounds this upcoming festival season. But you don't have to wait for a festival to hear this! Knife Party will be at Ocean Club on the Thursday of Memorial Day weekend.

Get Your Tickets for Knife Party's Boston show here

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Armin Van Buuren On American Day Time TV

So Armin Van Buuren stopped by Wendy Williams show this afternoon. Take a view of what happened on the show as he promoted his new album:

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Live Nation to Purchase 50% Stake in Insomniac Events

Some sources are now saying that Live Nation is acquiring 51% of Insomniac, which would give them the majority of the company. As more information comes in, we will update this page. 

(Billboard) Live Nation is close to finalizing a deal to buy a 50% stake in EDM promoter Insomniac Events, according to a report in the Wall Street Journal, which cited people familiar with the deal.

This information, including the speculative numbers (which valued this “about 50% stake” at $50 million), has been circulating throughout the music industry for months, with chatter peaking since Live Nation rival SFX Entertainment initially got in bed with Insomniac rival ID&T in January, eventually acquiring 75%of the Tomorrowland promoter (which was valued at $130 million total) in March. The first U.S. edition of the hit Belgian festival, dubbed TomorrowWorld, is set for September 27-29 in Atlanta.

Last May, Live Nation acquired Cream Holdings Limited, a pillar of the EDM entertainment scene, which also gave Live Nation the exclusive rights to Creamfields Festivals, which have been held all over the world since the company's launch in 1998.

In the past several weeks, Insomniac CEO Pasquale Rotella has reportedly been spotted with Live Nation president/CEO Michael Rapino at several events in Los Angeles. Hard Events -- founded by Gary Richards, who sold the company to Live Nation last year, and joined its full-time team -- will have a stage at Insomniac's Electric Daisy Carnival this year, a lineup announced on May 1 revealed.

Insomniac announced on May 29 that tickets to EDC, its marquis event at the Las Vegas Motor Speedway on June 21-23, had sold out. The festival’s three-day capacity is 345,000.

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