HMV shuts down all 102 Canadian stores due to bankruptcy

HMV Canada has been announced bankrupt and are closing all their stores on what Canadians are calling “the day the music died”. January 27th is the day that a judge in Ontario approved music, film…

SFX Entertainment rebrand as LiveStyle for a fresh start after bankruptcy

Massive EDM events brand SFX Entertainment has emerged from bankruptcy with a new name and a new boss to shed the image Sillerman left. SFX Entertainment entered bankruptcy at the beginning of this year after it’s…

CÜR Media lay off all staff on the brink of bankruptcy

CÜR Media is close to bankruptcy after raising over $13 million to launch a music streaming service for “the casual listener”. The CÜR Media offices are looking bare as the company has had to lay off…

Beatport too popular to sell decides struggling parent SFX Entertainment

After filing for bankruptcy earlier this year SFX Entertainment have been selling off their assets, but they’ve decided to remove music store Beatport from the market because it’s just too popular. SFX filed for bankruptcy earlier this…

Beatport, SFX’s Massive EDM Store Shuts Down All Services Except Downloads

From Friday the 13th this week the major online EDM store Beatport will be shut down in it’s entirety except for its download store after parent company SFX cancels its auction. Beatport has become synonymous…

SFX Looking to Sell Beatport (Electronic Music Store and Streaming Service) to the Highest Bidder

SFX is looking to sell Beatport. SFX is currently in Bankruptcy proceedings in the USA and they are looking to sell non core business assets and it looks like Beatport is one of those assets….

Sellaband Bankrupt But Bailed Out

In a flurry of activity over the week, Sellaband was attacked by pundits for failing to help Public Enemy fund a new album, put its site offline for ‘maintenance’, declared bankruptcy, was bought out, bailed…