Internet music store stalwards Beatport have announced the closure of their streaming service in a recent blog post entitled: An Update on Beatport Services.
Today, we have an important update regarding the Beatport platform and the services we 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 13, 2016. 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. — The Beatport Team
As you will have gathered from the statement above also being closed are the company’s events, mobile app and live video services with a termination date slated for the middle of May 2016. It is believed the changes are the result of the financial difficulties affecting parent company SFX which has been looking to sell the service for some time but has yet to find a buyer.
Beatport is an electronic music oriented online music store. The company is based in Denver, Colorado with offices in Los Angeles, California, San Francisco, Amsterdam, The Netherlands and Berlin, Germany. Beatport is oriented primarily towards DJs, selling full songs as well as resources that can be used for remixes.