SFX takes Beatport off the market
The EDM music download store, the sale of which would have provided its parent company with some much-needed cash, is as of yesterday no longer up for grabs
News By IQ | 13 July 2016
Just over four months after announcing it was seeking a buyer for Beatport, bankrupt dance music conglomerate SFX Entertainment has taken the download service off the market.
A motion filed in the Delaware bankruptcy court yesterday (Notice of Withdrawal of Motion of the Debtors for Entry of an Order: (I) Authorizing the Sale of All or Substantially All of the Assets of Beatport, LLC Free and Clear of All Liens, Claims, Encumbrances and Interests; (II) Approving the Final Asset…
You've used your free article this month
Continue reading with a free account, or subscribe for unlimited access to all of our news, features and reports.
