Breaking: SFX Entertainment Buys Beatport

269582487_640[1], founded in 2004, has become a top destination for DJ’s and fans alike to get high quality releases of EDM. SFX Entertainment, the same company that purchased Dayglow (Life In Color), has agreed to purchase Beatport as part of the company’s plan to build a $1 billion empire centered on EDM. The company executive Robert F. X. Sillerman said this about the purchase:

“We already are by far the largest online destination of qualified fans and talent in the market, and we can continue to grow that.”

Source: NY Times

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