After 2014 and 2015 talks of SFX Entertainment making purchases related to Alda Events, it seems as though the tables have turned. The deal was originally going to be for half of the events Alda has involvement in for the price of $23.4 million. Breach of contract occurred when SFX Entertainment did not follow through with […]
Beatport to Only Offer Store Options While Suspending the Auction Deadline
According to sources, this Friday, May 13th, Beatport will be removing all options other than the Beatport Store. According to the website, that means that there will be no more streaming opportunities, it will no longer update the Beatport News and Events page. Maintenance and upkeep of the Beatport Mobile App will no longer occur. […]
SFX Entertainment Seems to be Losing Dutch Promoters and a Festival Next
SFX is back in the news, as they go through their assets during the majority of the bankruptcy case. With such bad publicity like: It coming to light that they must file for bankruptcy The company begins cancelling festivals like TomorrowWorld They begin auctions on their assets It comes out that they have partial lineups that begin getting leaked And […]
Beatport is Being put Up for Auction
It has come out today that Beatport, the digital music store where many people go to find their favorite electronic tracks, is up for auction. SFX Entertainment, the company that filed for bankruptcy earlier in 2016 announced that they would be putting Beatport up to auction. In the filing for bankruptcy, court documents showed that […]