Beatport has paid 'trapped' royalties to majors, but indies left high and dry - sources

Tom Pakinkis

Beatport HAS released royalties owed for the past quarter to major labels - but independents are still yet to see a cent, Music Week understands.

The online EDM music store has caused controversy after sending out a letter to its label partners saying that, because its parent company SFX is currently involved in a ‘going private’ process, royalty payments have become “trapped”.

The company added that payments will be made once the process comes to an end in the ...

Login to access this article

To access this article you need to be a subscriber. If you are a subscriber login below.

Start free Trial

Register for a Music Week trial to access this article. Sign up today and you will receive:

  • 4 weeks access to news, features and chart analysis
  • 4 Digital issues of Music Week
  • The Music Week app
  • Tailored email news alerts
Start your free trial

Subscribe

If you have previously taken a trial you will need to subscribe to access this article.

Subscribe Now
subscribe link free-trial link

follow us...