DWP Featured in New York Times Dealbook (UAIC investment)
NEW YORK TIMES DEALBOOK – Native American Tribe Buys Stake in Rock Festival Producer Danny Wimmer
Drawing on growing interest in live music events, the organizer of several big rock festivals around the country has secured an investment from an unusual source.
Danny Wimmer Presents, which produces festivals like Rock on the Range and Monster Energy Carolina Rebellion, plans to announce on Wednesday that it has sold a stake in itself to the United Auburn Indian Community Development Corporation. That is the investment arm of the Native American tribe that owns and runs the Thunder Valley casino resort in Northern California…