Dear Beatport Artists, Your Royalties Have Now Been Frozen. Sincerely, Beatport.

no payment

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Below is a letter sent from Beatport to all artists this week, Explaining that because SFX is involved in a ‘going private’ process that the process ‘has trapped certain earned label payments’.

 

beatportletter

 

Some label owners, such as Morgan Geist, published the email on Facebook. “Couldn’t seem to find the word ‘Sorry’ in this email,” he wrote. Beatport recently appointed a new CEO, Greg Consiglio, the former president and COO of SFX.

 

Digital Music News / RA

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