Beatport Shutting Down Streaming, Mobile App, News, Livestreaming And Events Sections To Concentrate On Store
May 10, 2016 at 12:57 PM (PT)
Dance music site BEATPORT announced on its site this morning plans to shut down its streaming, mobile app, news, livestreaming and events site to concentrate on its store. The company was acquired by ROBERT SILLMERMAN's SFX in FEBRUARY, 2013, as part of his strategy to build a dance music conglomerate, but declared bankruptcy earlier this year (NET NEWS 2/2). Late last year, SILLERMAN pulled out of a deal between BEATPORT and SPOTIFY (NET NEWS 12/31/15).
Here is their update regarding the platform and the services they offer.
"When BEATPORT was acquired three years ago, part of the vision was to create a broad digital platform for DJs to engage fans of electronic music wherever they may be. The original BEATPORT STORE and the BEATPORT brand became the foundation for this vision, upon which we added a streaming music service, mobile app, a video livestreaming platform, and a relaunched news and media property.
"We have learned through this process however, that in our effort to be so many different things, we lost focus on bringing the best possible service and capabilities to our most loyal customers: the DJ community. As such, we have determined to invest in what is most important to our business and our customers, rather than adding yet another choice to a sea of streaming services.
"This means we will be shutting down the Streaming service and mobile app, BEATPORT NEWS, the Video livestreaming platform, and the Events section effective MAY 13th. Additionally, while we plan to continue considering offers for BEATPORT, the previously detailed auction process will be suspended for now. We’d like to give our heartfelt thanks to all of the loyal listeners, readers, and viewers who have come to enjoy these services over the past year, as well as all the labels, artists, and promoters who have participated in them.
"Going forward, we will refocus our attention and resources on our flagship business, the BEATPORT STORE. We’ve already made noticeable improvements in site performance, with our most-used features (track, release, artist, and genre pages) running up to 51% faster.
"For over 12 years, the BEATPORT STORE has served DJs and the electronic music community. As a new generation of artists, performers, and sounds develop and grow, inspired by the leaders of today and the past, the BEATPORT STORE will continue to be there to support the music and inspire the community."