Beatport has more than 200k registered DJs and artists selling music, and attracted around 40m unique visitors in 2012. Beatport generated revenues of $48.5m for 2012 as a whole, and posted a net loss of $1.5m – up from 2011’s revenues of $44.5m and net loss of $1.4m. The site has a catalogue of more than 2.5m tracks, with its free music samples generating around 4m streams every day. The filing reveals that SFX agreed to pay $58.6m for Beatport in March: $33.6m in cash and $25m in stock valued at $5 per share.
Tools: platforms to help you reach new audiences
Tools: Kaiber
In the year or so since its launch, AI startup Kaiber has been making waves,…