BEATY:
SFX Entertainment, Owner Of Beatport, Is Bust - Digital DJ Tips
http://www.digitaldjtips.com/2016/02/official-beatport-owner-is-bust/
We actually think this will be good news for Beatport, as it will allow the company to be taken private, and relieve it from its exposure to the reported $300m debt that its parent company has accrued (source: Wall Street Journal).
The company itself also appears to think so, issuing the following bullish statement: "For all of us here, it’s just business as usual. That means entire Beatport platform is fully operational without restriction. The store remains open. The streaming service continues uninterrupted. New releases are being added every day. New videos are being scheduled and filmed. Payments to labels and suppliers are ongoing in their usual manner.