Label Engine Pre-Payment of Beatport’s delayed Q2 2015 royalties

Label Engine News, Updates

As we informed our users internally on Monday, Beatport’s parent company SFX is taking steps to buy the company back and make it private again. That has left some of their assets and funds frozen temporarily, what that means in plain english is that Q2 2015 royalties for labels are delayed. According to Beatport’s senior staff, whom we spoke to …