Voodoo Experience

The Voodoo Music Experience has been bought by SFX Entertainment, a New York-based producer and promoter of concerts and other live entertainment, according to an article on Billboard Magazine's website.

Though SFX — a subsidiary of Clear Channel Communications — has recently been acquiring dance music properties, Robert F.X. Sillerman, the company's president, told Billboard the mutli-genre Voodoo festival is a great fit for them.