Sources reportedly close to the matter told the New York Post Barton was wrapping up negotiations to join SFX in an undisclosed role at press time.
Barton joined LN in 2012 after the company purchased the U.K. club and dance promotion club he helped co-found – Cream.
The move could provide a boost to SFX, which has seen stock prices plummet since going public in 2012. Rumors also continue to circulate that the company’s directors are unhappy with CEO Bob Sillerman’s performance, the Post noted.