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Beatport Implements Price Increase for Downloads

todayAugust 4, 2023 28

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Beatport Implements Price Increase for Downloads

Beatport, the renowned electronic music platform, has made a significant announcement regarding a forthcoming price adjustment for its download offerings, set to take effect in two weeks.

In a recent public statement, Beatport, which stands as a prominent platform for purchasing official music across genres, shared that they will be raising their download prices starting from Monday, August 14th. This change marks the first time in eighteen years that Beatport has adjusted its pricing structure. The adjustment is attributed to the natural progression of inflation affecting various sectors.

Although the price increase is moderate, it is expected to provide additional revenue to both Beatport and the labels and artists distributing music through the platform. For instance, standard releases will experience a 15.5% increase of 20 cents, while the fee for lossless copies will see a proportional rise of 5 cents, half the current $0.70 price.

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In response to this pricing change, Beatport is enhancing the customer experience by enabling users to download the tracks they purchase up to five times, without a time limit to use these options. Presently, customers have a 48-hour window to download their purchases before the files are no longer accessible. It’s worth noting that accessing past downloads will be exclusively possible through a Beatport Streaming subscription, which provides unlimited download access.

Here’s a breakdown of the new prices in various currencies as communicated by Beatport:

USD EUR GBP AUD
General Catalog 1.49 1.39 1.14 2.09
New Release 1.69 1.59 1.30 2.29
Exclusive 2.49 2.39 1.86 3.09
Lossless Fee 0.75 0.75 0.75 0.80

The adjustment in pricing is anticipated to balance the platform’s economics while ensuring continued access to high-quality music for its users.

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Written by: Artificial Intelligence Technology

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