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Business News Deals Digital
Beatport expands its offering for labels via Ampsuite acquisition
By Chris Cooke | Published on Thursday 24 February 2022
Dance music platform Beatport continues to expand the services it offers creators and labels through the acquisition of Ampsuite, which provides independent labels – primarily in the electronic music space – with online tools to help with asset management, accounting and promotion.
“Ampsuite’s technology will be used to power Beatport’s suite of professional tools and services”, says an official statement, “whilst Ampsuite’s existing management team continues to provide a broader distribution service to other digital retailers”.
Confirming the deal, Beatport CEO Robb McDaniels says: “We admire the ‘software as a service’ products that Ampsuite has built and believe that our entire community of artists, labels and distributors can benefit from a more seamless integration with the Beatport ecosystem. We have a very unique relationship with our content partners and DJs of all types around the world, and this expanding set of tools and services will only help to accelerate growth for our entire community over the next few years”.
Meanwhile, Ampsuite co-founder and Director Keith McDonnell adds: “Ampsuite has been building tools that help independent labels more effectively run their businesses for the last ten years. Becoming part of Beatport’s extensive ecosystem will enable us to develop and bring software solutions to an even bigger audience. We’re excited to get started”.