DJ-centric music platform Beatport is making one more attempt at streaming. The company introduced a subscription service called Beatport LINK in beta. This platform will make the retailer’s entire catalog available to stream directly into performance software. Continue Reading
Beatport has acquired Pulselocker, a company that offers a digital music locker service. The purchase will help Beatport to expand its existing offerings for DJs beyond digital downloads. Terms of the acquisition were not disclosed. Continue Reading
Robb McDaniels is the new CEO for Beatport. McDaniels was the founder of music distribution services business INgrooves, but left in 2014. Beatport has been a convoluted saga for the past few years. Continue Reading
The long-beleaguered SFX has emerged from Chapter 11 bankruptcy rebranded as LiveStyle. The company is still a specialist in electronic music, but the revamped version appears to be doubling down on live events. Continue Reading
SFX Entertainment has had a tumultuous year thus far, but it seems some of the recent decisions around its Beatport brand have had positive impact. The company opted to take the EDM specialist off the auction block in May and removed the streaming components of that brand to focus on the download store. Continue Reading
SFX Entertainment is working through bankruptcy proceedings, and the latest development involved selling an asset to Universal Music Group. The label bought up digital marketing agency Fame House for $1 million. Continue Reading
Beatport announced that it is ending operation of its streaming service and mobile app. The official blog post said the change was an effort “to invest in what is most important to our business and our customers, rather than adding yet another choice to a sea of streaming services.” Continue Reading
SFX is making plans to auction off online EDM portal Beatport as it continues through bankruptcy proceedings. It has attracted interested parties for the property and will solicit initial bids in April with an auction slated for May 3. Continue Reading
EDM specialist Beatport has added a new version of its service specifically for The Netherlands. The core Beatport is still available in 220 nations, but this new iteration translates the entire site into Dutch, while also featuring more local artists and news. Continue Reading
EDM specialist Beatport has entered into a partnership with Looplabs, a collaborative music studio platform. The deal seems focused on fostering crossover between the two services’ audience bases. Even though Beatport is still engaging with other music platforms, parent company SFX Entertainment has been drawing lots of scrutiny. Continue Reading
SFX announced that it has secured $60 million in new financing. The company also refinanced its $30 million revolving credit facilities for a total of $90 million. Its founder had made an effort to take the company private but was unable to secure backing as share prices have been dropping. Continue Reading
Beatport announced a partnership with T-Mobile to offer exclusive content to the customers of both companies. Members of T-Mobile Backstage will get access to ticket giveaways and special access to SFX events sponsored by the telecom. Continue Reading