• SFX To Auction Beatport, Fame House Amid Bankruptcy Proceedings

    SFX Entertainment filed for bankruptcy on Feb. 1 and now we are starting to see how the courts look to restructure the company and its mounting debts. According to new filings in Delaware bankruptcy courts, SFX is looking to auction off one of its most prized assets, digital marketplace and streaming service Beatport. It is also looking to sell off marketing company Fame House.

  • Live Nation Exec Will Not Join SFX, Spotify, TMWRK Terminate Agreements With Company

    The bad news just keeps on coming for SFX Entertainment. The heaving dance music behemoth thought they had found their man in head of electronic music at Live Nation James Barton to join the executive team in what would have been a coup for SFX, but that deal has reportedly fallen through. In addition to the nullified deal, Spotify's deal with Beatport has been terminated and SFX's contract with TMWRK, the management group for artists like Jack Ü, Diplo and Dillon Francis, has been terminated as well.

  • Beatport Reveals 'NYE Peak Hours Page' With Playlists for New Year's Eve Parties

    With New Year's Eve quickly approaching, DJs are putting their final touches on their USBs, as deciding which tracks they might drop at whatever party or festival they're playing come the night of December 31st. Just recently, 'Beatport' launched a New Year's Eve 2015 page, with tons of music, including Peak Hour Tracks, that DJs can turn to in case they're stuck putting together a New Year's Eve playlist, because, after all, no one wants to hear bad music when trying to have a good time on New Year's Eve!

  • Martin Solveig, Tiesto Dominate 2015 Beatport Top Selling, Streaming Songs

    As the year wraps up, it is always interesting to look back at the numbers to see which artists made an impact in their respective field. Beatport has unveiled its list of the top selling and most streamed songs for 2015 on its portal. Some of the names that top the list are expected including Tiësto, but there is a clear trend away from big, thundering EDM tracks and more club-ready or crossover tracks that help bridge that divide, like those from Martin Solveig.

  • SFX, Beatport Apologize For Suspending Label Royalty Payments

    Beatport and its parent company SFX have apologized for suspending royalty payments to labels and rights holders from money earned on the website. In a memo sent out to rights holders and labels, SFX Chairman and CEO Robert F.X. Sillerman said he was "deeply embarrassed" about what happened and promised to have payments processed next week.

  • Beatport Freezes Payments To Labels As SFX Privatization Deadline Looms

    Beatport is in a transitional period right now as it changes leadership, attempts to shift focus from just a retailer of electronic music to a streaming service and editorial outlet, while also coping with the turmoil of its parent company SFX. It appeared to be turning the corner having just announced an exclusive partnership with Spotify and on its way to a successful 2015, but now news has emerged that the Denver based company has suspended payments to labels while SFX completes its ongoing privatization process.

  • SFX Names New Beatport CEO Amid Company Restructuring

    Electronic music conglomerate SFX Entertainment has announced a new shakeup at its executive level, hinting at a new direction for its music marketplace and editorial home, Beatport. Amid a larger overall organizational change that is underway, SFX has announced that former COO of Beatport, Greg Consiglio will take over as President and CEO of the company.

  • Beatport Launches Streaming App

    SFX-owned electronic music marketplace Beatport has officially launched its new streaming app today, March 26, after months of speculation. The app allows users to peruse the service's vast music library and stream any song on it for free in its entirety. The move is an attempt to try and fill the void in the streaming marketplace for electronic music where Spotify, Pandora, Deezer and others have been slow to upgrade their own libraries.

  • SFX to Launch Beatport Pro as Stream Service

    We have become accustomed to hearing about different business maneuvers coming from the SFX Entertainment camp over the past two years, primarily in the form of mergers and acquisitions as the company has looked to expand its global empire over a wide swath of the dance music industry. Robert Sillerman's SFX has slowed its frenetic buying spree in the latter half of 2014 as it looks to consolidate profits and generate more revenue, but the moves have not stopped. It has announced that one of its properties, the popular music-purchasing platform Beatport will now officially enter the streaming space with a relaunched version of its Beatport Pro, via "Dancing Astronaut." The new Beatport music service will offer free, ad-supported streaming to users, according to the "Wall Street Journal." This will give users the ability to listen to Beatport's catalog of music on demand. Beatport currently offers the ability to purchase mixes, which are comprised of Beatport's music library available for purchase via the platform. This will expand the capabilities of listeners and DJs alike to stream music before they purchase. One major hurdle will be to obtain licenses for songs, though focusing on electronic music will make it easier to stay clear of the Big 3. Many big electronic acts, like deadmau5, Krewella, Porter Robinson, Dirty South and Calvin Harris, have signed limited or exclusive with majors deals to take advantage of their large distribution networks. Another major hurdle for SFX will be to comply with copyright laws in different jurisdictions around the world, which is one reason why the global Spotify rollout has not been instantaneous.

  • SFX Buys Listn (via Beatport) and Immediately Shuts It Down, Acquires Staff

    Beatport is the biggest outlet in the world for electronic music fans to buy their wares, as well as a go-to source for news on the EDM industry. Therefore it seemed somewhat strange that the company would buy Listn, a "social listening app," and immediately announce that it was shutting its new possession down later this year, according to Digital Music News.
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