Beatport Acquires Loopmasters, Plugin Boutique, Loopcloud

Beatport

BEATPORT, a company that supplies music and tools to DJs worldwide, acquired UK-based LOOPMASTERS, which also includes PLUGIN BOUTIQUE and LOOPCLOUD. 

Companies that provide plug-ins and sound packs to music producers have become big news in 2020.

SPLICE, which has raised $105m in investment, recently announced it had paid out over $35m to musicians to date.

And in JULY, BEATSTARS – famed for providing the sound pack used by LIL NAS X for "Old Town Road" – has paid out over $100m in lifetime royalties to producers by the end of this year.

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