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Beatport CEO stands down
By Chris Cooke | Published on Wednesday 25 June 2014
The CEO of EDM-focused download store Beatport is stepping down, it’s been confirmed. Matthew Adell saw the digital firm through its acquisition by EDM powerhouse SFX last year, and the subsequent downsizing that occurred as the company was integrated with the other digital operations of the Robert FX Sillerman-led business.
Confirming that Adell was now stepping down, an SFX spokesperson told Billboard: “His vision and dedication has helped make Beatport the company it is today, and we wish him well in all his future endeavours”.
Meanwhile Lloyd Starr, who will remain as COO of Beatport, but will seemingly head up the operation moving forward, said: “I’m humbled by this opportunity to lead the evolution of Beatport into what is going to be an exciting future. I’m looking forward to working with Beatport’s suppliers, partners, customers, and fans to continue offering the quality experience they’ve come to expect”.
Adell will retain a consulting role to both Beatport and SFX, because why not?