The time seems to have come for SFX to leave it’s assets, one of them being massive electronic store Beatport. The company will begin an auction with the 24 interested companies starting with the highest bid on April 28th and officially being sold on May 5th. Because 18 of said companies are under NDA’s, it’s difficult to tell what the future may hold for the store and now streaming service that has been a go-to for many a DJ. This, dance music marketing firm Fame House, and possibly(probably) a few other companies purchased will be splitting off in order to help finally consolidate SFX’s $300 million in debt.
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