Moe Shalizi Wants to Make Marshmello the First DJ to be a Publicly Traded Corporation

Forbes’ latest 30 Under 30 features Marshmello as a cover story.

It’s no secret that Marshmello is a massive brand.  Between his long list of music awards and big name collaborations, the anonymous DJ/producer has emerged as a symbol of modern electronic music. If his manager, Moe Shalizi has his way, he may even wind up on the New York Stock Exchange.

According to Forbes – who just made Marshmello the cover story of their annual “30 Under 30” feature – the “Alone” producer earned $44 million in the past two years. Shalizi projects that he’ll earn $50 million in 2019, putting him on par with Calvin Harris – whom the publication has declared the highest-paid DJ in the world six years in a row.

Apparently, Shalizi has even higher hopes for his artist.  “We always talk about taking Marshmello public one day,” he told Forbes, referring to incorporating the masked DJ as a company whose equity share could be bought and sold by the public. “He can do anything”

Shalizi’s lofty dream may prove little more than the usual claim. Even when the unorthodox strategy somehow made it past the SEC’s inspection procedure, the potential for the IPO to discriminate would probably outweigh the company model’s potential for expansion. Then again, it would not be the very first time Marshmello broke floor as a music business case study.

The Forbes piece also cited Brazil and Singapore as just two of Marshmello’s main markets. After a performance at XS at Las Vegas on Friday, November 9th, He’ll keep his trip with gigs in Germany and Russia.

H/T: EDM Sauce



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