SFX Entertainment buys Beatport for a reported $50m+

RHIAN JONES

SFX Entertainment has bought music download site Beatport for a reported ‘little more’ than $50 million.

Beatport, founded in Denver in 2004, is a download store for electronic dance music, or E.D.M., with a catalogue of more than one million tracks and nearly 40 million users.

The site also features a news feed, remix contests and D.J. profiles.

SFX owner Robert F. X. Sillerman said of the purchase: ““Beatport gives us direct contact with the D.J.’s and lets us see ...

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