EDM : More star names (Avicii, Tiesto, Guetta); a possible EDM festival at MGM Grand

DJ David Guetta performs at Encore Beach Club in the Encore on Sunday, May 27, 2012. The crowd included DJ Tiesto (pictured here, left, with Guetta), Lil Jon, Reggie Bush and Adrianna Costa.

 

 

 

MGM Grand intends to throw its own Electronic Dance Music festival.

Set to be revealed at the Grammy Awards in February, with two of Hakkasan at MGM Grand’s new resident DJs performing. Daily Fiasco is reporting that MGM Grand is partnering with Angel Management Group for a series of EDM arena concerts that will feature the new Hakkasan stars and include Tiesto, Steve Aoki and Calvin Harris alongside Deadmau5.
I apparently underreported the staggering Deadmau5 paychecks. Yes, it is a two-year deal with his shows earning him $425,000 each -- with sometimes two a day, at Wet Republic and Hakkasan, and in the MGM Arena for an astonishing $850,000.
Can the $1 million barrier just around the corner be smashed in the next 90 days? Tiesto hits the $250,000 mark for each show, and another star, Hardwell, is likely the next DJ to sign a whopping Hakkasan contract.
I was reliably told by separate sources that the new nightclub Light at Mandalay Bay in the former Rum Jungle space will start unveiling its lineup of 12 global superstar DJs starting in January, with trailers running in key markets before Quentin Tarantino’s new film “Django Unchained” starring Leonardo DiCaprio that debuts Christmas Day.

First word is that Light’s talent manager has signed Alesso, Axwell, Sebastian Ingrosso and Nicky Romero, plus, as many as eight others for the Cirque du Soleil- and Ibiza-themed venue. I have confirmed that Light will officially open in April after a late-March preview.

David says that Wynn and Encore, who will lose some of the stars to Hakkasan and Light, still have a 40-strong lineup of spinners with headline names Afrojack, Skrillex, Avicii, Steve Angello and David Guetta remaining and joined by Knife Party, Eric Prydz and Madeon. He adds that center Strip Marquee at the Cosmopolitan of Las Vegas operated by the Tao Group retains Kaskade and will headline Krewella shortly.

One top nightclub executive planning the DJ marketing campaigns told me: “Every headline DJ on the planet will be in Las Vegas next year; it’s pretty much over for everyone else. An all-out war is on to sign the superstars.

“Budgets are unlimited because it’s become the ultimate financial driver of the nightlife industry. Las Vegas becomes the capital of the world for all of this now.”

Credit : Las Vegas Sun