{"id":9677,"date":"2016-03-02T09:17:19","date_gmt":"2016-03-02T09:17:19","guid":{"rendered":"http:\/\/routenote.com\/blog\/?p=9677"},"modified":"2022-06-09T12:17:32","modified_gmt":"2022-06-09T11:17:32","slug":"sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder","status":"publish","type":"post","link":"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/","title":{"rendered":"SFX Looking to Sell Beatport (Electronic Music Store and Streaming Service) to the Highest Bidder"},"content":{"rendered":"<p>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. <\/p>\n<p>\u201cWhile the Beatport Assets are valuable to the SFX enterprise, given SFX\u2019s current financial condition, SFX cannot afford to make additional investments in Beatport as may be needed in the future, and therefore, has decided to sell the Beatport Asset,\u201d explained the filing.<\/p>\n<p>SFX had interest from 24 potential buyers, with 18 of them executing nondisclosure agreements to perform due diligence, and three submitting preliminary indications of interest. The final auction process is due to take place on 3 May, with a sale hearing in the court due for 5 May.<\/p>\n<p>Beatport\u2019s revenues fell from $46.5m in 2014 to $39.1m in 2015, sliding from a $7.1m profit to a $5.5m loss in that time, according to SFX\u2019s most recent financial filings.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. \u201cWhile the Beatport Assets are valuable to the SFX enterprise, given SFX\u2019s current financial condition, SFX cannot afford to make additional investments in Beatport as may be needed in the future, and therefore, has decided to sell the Beatport Asset,\u201d explained the filing. SFX had interest from 24 potential buyers, with 18 of them executing nondisclosure agreements to perform due diligence, and three submitting preliminary&#8230;<\/p>\n","protected":false},"author":32,"featured_media":9679,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[2408,3584,4142,946,6152,105,1120],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.4.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SFX Looking to Sell Beatport (Electronic Music Store and Streaming Service) to the Highest Bidder<\/title>\n<meta name=\"description\" content=\"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.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SFX Looking to Sell Beatport (Electronic Music Store and Streaming Service) to the Highest Bidder\" \/>\n<meta property=\"og:description\" content=\"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.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/\" \/>\n<meta property=\"og:site_name\" content=\"RouteNote Blog\" \/>\n<meta property=\"article:published_time\" content=\"2016-03-02T09:17:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-09T11:17:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2016\/03\/beatport-music-streaming-service-and-download-store.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1383\" \/>\n\t<meta property=\"og:image:height\" content=\"941\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"RouteBot\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/routenote.com\/blog\/#organization\",\"name\":\"RouteNote\",\"url\":\"https:\/\/routenote.com\/blog\/\",\"sameAs\":[],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/routenote.com\/blog\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2020\/11\/routenote-logo.jpg\",\"contentUrl\":\"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2020\/11\/routenote-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"RouteNote\"},\"image\":{\"@id\":\"https:\/\/routenote.com\/blog\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/routenote.com\/blog\/#website\",\"url\":\"https:\/\/routenote.com\/blog\/\",\"name\":\"RouteNote Blog\",\"description\":\"The World of Digital Music - Distribution - Stores and Free Music\",\"publisher\":{\"@id\":\"https:\/\/routenote.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/routenote.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2016\/03\/beatport-music-streaming-service-and-download-store.png\",\"contentUrl\":\"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2016\/03\/beatport-music-streaming-service-and-download-store.png\",\"width\":1383,\"height\":941,\"caption\":\"beatport music streaming service and download store\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/#webpage\",\"url\":\"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/\",\"name\":\"SFX Looking to Sell Beatport (Electronic Music Store and Streaming Service) to the Highest Bidder\",\"isPartOf\":{\"@id\":\"https:\/\/routenote.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/#primaryimage\"},\"datePublished\":\"2016-03-02T09:17:19+00:00\",\"dateModified\":\"2022-06-09T11:17:32+00:00\",\"description\":\"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.\",\"breadcrumb\":{\"@id\":\"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/routenote.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"SFX Looking to Sell Beatport (Electronic Music Store and Streaming Service) to the Highest Bidder\"}]},{\"@type\":\"Article\",\"@id\":\"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/#webpage\"},\"author\":{\"@id\":\"https:\/\/routenote.com\/blog\/#\/schema\/person\/83759dcbb7864667c67cb96a7ec70298\"},\"headline\":\"SFX Looking to Sell Beatport (Electronic Music Store and Streaming Service) to the Highest Bidder\",\"datePublished\":\"2016-03-02T09:17:19+00:00\",\"dateModified\":\"2022-06-09T11:17:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/#webpage\"},\"wordCount\":168,\"publisher\":{\"@id\":\"https:\/\/routenote.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2016\/03\/beatport-music-streaming-service-and-download-store.png\",\"keywords\":[\"bankruptcy\",\"beatport\",\"edm\",\"Electronic\",\"sfx\",\"store\",\"streaming service\"],\"articleSection\":[\"Digital Music News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/routenote.com\/blog\/#\/schema\/person\/83759dcbb7864667c67cb96a7ec70298\",\"name\":\"RouteBot\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/routenote.com\/blog\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/4f18136bcfbe91b7c9fdcbf445328c29?s=96&d=blank&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/4f18136bcfbe91b7c9fdcbf445328c29?s=96&d=blank&r=g\",\"caption\":\"RouteBot\"},\"sameAs\":[\"http:\/\/routenote.com\"],\"url\":\"https:\/\/routenote.com\/blog\/author\/routebot\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SFX Looking to Sell Beatport (Electronic Music Store and Streaming Service) to the Highest Bidder","description":"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.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/","og_locale":"en_US","og_type":"article","og_title":"SFX Looking to Sell Beatport (Electronic Music Store and Streaming Service) to the Highest Bidder","og_description":"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.","og_url":"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/","og_site_name":"RouteNote Blog","article_published_time":"2016-03-02T09:17:19+00:00","article_modified_time":"2022-06-09T11:17:32+00:00","og_image":[{"width":1383,"height":941,"url":"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2016\/03\/beatport-music-streaming-service-and-download-store.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"RouteBot","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Organization","@id":"https:\/\/routenote.com\/blog\/#organization","name":"RouteNote","url":"https:\/\/routenote.com\/blog\/","sameAs":[],"logo":{"@type":"ImageObject","@id":"https:\/\/routenote.com\/blog\/#logo","inLanguage":"en-US","url":"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2020\/11\/routenote-logo.jpg","contentUrl":"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2020\/11\/routenote-logo.jpg","width":1000,"height":1000,"caption":"RouteNote"},"image":{"@id":"https:\/\/routenote.com\/blog\/#logo"}},{"@type":"WebSite","@id":"https:\/\/routenote.com\/blog\/#website","url":"https:\/\/routenote.com\/blog\/","name":"RouteNote Blog","description":"The World of Digital Music - Distribution - Stores and Free Music","publisher":{"@id":"https:\/\/routenote.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/routenote.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","@id":"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/#primaryimage","inLanguage":"en-US","url":"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2016\/03\/beatport-music-streaming-service-and-download-store.png","contentUrl":"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2016\/03\/beatport-music-streaming-service-and-download-store.png","width":1383,"height":941,"caption":"beatport music streaming service and download store"},{"@type":"WebPage","@id":"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/#webpage","url":"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/","name":"SFX Looking to Sell Beatport (Electronic Music Store and Streaming Service) to the Highest Bidder","isPartOf":{"@id":"https:\/\/routenote.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/#primaryimage"},"datePublished":"2016-03-02T09:17:19+00:00","dateModified":"2022-06-09T11:17:32+00:00","description":"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.","breadcrumb":{"@id":"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/routenote.com\/blog\/"},{"@type":"ListItem","position":2,"name":"SFX Looking to Sell Beatport (Electronic Music Store and Streaming Service) to the Highest Bidder"}]},{"@type":"Article","@id":"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/#article","isPartOf":{"@id":"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/#webpage"},"author":{"@id":"https:\/\/routenote.com\/blog\/#\/schema\/person\/83759dcbb7864667c67cb96a7ec70298"},"headline":"SFX Looking to Sell Beatport (Electronic Music Store and Streaming Service) to the Highest Bidder","datePublished":"2016-03-02T09:17:19+00:00","dateModified":"2022-06-09T11:17:32+00:00","mainEntityOfPage":{"@id":"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/#webpage"},"wordCount":168,"publisher":{"@id":"https:\/\/routenote.com\/blog\/#organization"},"image":{"@id":"https:\/\/routenote.com\/blog\/sfx-looking-to-sell-beatport-electronic-music-store-and-streaming-service-to-the-highest-bidder\/#primaryimage"},"thumbnailUrl":"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2016\/03\/beatport-music-streaming-service-and-download-store.png","keywords":["bankruptcy","beatport","edm","Electronic","sfx","store","streaming service"],"articleSection":["Digital Music News"],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/routenote.com\/blog\/#\/schema\/person\/83759dcbb7864667c67cb96a7ec70298","name":"RouteBot","image":{"@type":"ImageObject","@id":"https:\/\/routenote.com\/blog\/#personlogo","inLanguage":"en-US","url":"https:\/\/secure.gravatar.com\/avatar\/4f18136bcfbe91b7c9fdcbf445328c29?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4f18136bcfbe91b7c9fdcbf445328c29?s=96&d=blank&r=g","caption":"RouteBot"},"sameAs":["http:\/\/routenote.com"],"url":"https:\/\/routenote.com\/blog\/author\/routebot\/"}]}},"jetpack_featured_media_url":"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2016\/03\/beatport-music-streaming-service-and-download-store.png","_links":{"self":[{"href":"https:\/\/routenote.com\/blog\/wp-json\/wp\/v2\/posts\/9677"}],"collection":[{"href":"https:\/\/routenote.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/routenote.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/routenote.com\/blog\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/routenote.com\/blog\/wp-json\/wp\/v2\/comments?post=9677"}],"version-history":[{"count":0,"href":"https:\/\/routenote.com\/blog\/wp-json\/wp\/v2\/posts\/9677\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/routenote.com\/blog\/wp-json\/wp\/v2\/media\/9679"}],"wp:attachment":[{"href":"https:\/\/routenote.com\/blog\/wp-json\/wp\/v2\/media?parent=9677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/routenote.com\/blog\/wp-json\/wp\/v2\/categories?post=9677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/routenote.com\/blog\/wp-json\/wp\/v2\/tags?post=9677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}