bankruptcy

Two large US-based music gear vendors - Guitar Center and PSSL - on the rocks after an incredibly challenging year for retail sales of professional music gear. The reality is that a lot of companies have suffered this year in our industry,…

In a dramatic twist to the Beatport auction process, the sale has been temporarily called off and the company is shutting down almost every project they run that isn't the music store. Keep reading for details:

Beatport has been up for sale since February of this year, and finally the hearings that will determine the buyer take place later this week. Twelve years after the digital-download store was firmly established, the online platform for…

We've all watched carefully as SFX Entertainment, founded by Robert Sillerman, has consolidated a large part of the electronic music events market under one conglomerate. The company hasn't been able to solve some serious financial woes,…