Beatport sent a letter to music rights-holders yesterday evening informing labels that royalties will not be paid for the past quarter, from April through June, until SFX fulfills its ‘going private’ process. According to several labels, payments were due on Thursday, July 30th.
Here’s a short post from Morgan Geist, owner of Environ Records who put up Beatport’s email to all labels.
Beatport can't seem to pay artists or labels on time right now. Couldn't seem to find the word "Sorry" in this…
Posted by Morgan Geist on Tuesday, August 4, 2015
Content Writer - EDM News & Spotify Correspondent at T.H.E - Music Essentials
DJ, content creator and team partner at T.H.E, Khushrav is a music enthusiast whose interests spread across all genres from electronic to hip-hop to classical opera.
Khushrav’s passion for dance music started early on as he began creating weekly podcast episodes of the latest electronic music across genres and has mixed over 200 episodes over a span of 5years. As a dance music enthusiast, Khushrav still keeps up to date with every week’s releases, contributing to THE’s Spotify playlists.
Khushrav’s passion for dance music started early on as he began creating weekly podcast episodes of the latest electronic music across genres and has mixed over 200 episodes over a span of 5years. As a dance music enthusiast, Khushrav still keeps up to date with every week’s releases, contributing to THE’s Spotify playlists.
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