Online dance music retailer Beatport has acquired the music discovery portal LabelRadar.
LabelRadar is a platform that introduces artists and their music to labels and notifies them when their demo is listened to.
For record labels, Beatport says, LabelRadar provides “streamlined access to a steady stream” of unsigned demos from a variety of genres, submitted by artists from around the world.
When an A&R team finds a track, they can view data about the artist, start a chat, and after mutual confirmation, sign the track.
LabelRadar joins Hype and LabelBase as part of Beatport’s Music Services division, led by Alex Branson, SVP of Music Services, who joined the company in February.
Beatport also bought British-born music industry technology company ampsuite in February and also bought Loopmasters in 2020.
In the past, Beatport has worked with LabelRadar to host remix competitions with Carl Craig, Tiësto and Giolì & Assia via its ‘Opportunities’ feature.
Through the partnership, this Opportunities feature will continue to be developed to increase collaboration across all levels of the dance music industry, Beatport said.
LabelRadar will enable Beatport to support artists and record labels from the beginning of their musical careers and will further connect music services to the overall Beatport ecosystem.
LabelRadar was co-founded by Derek Clark (USA), Ed Brew (UK) and brothers Juan Ferreras (Argentina) & Sebastián Ferreras (Spain) together with Ariel Kohan (Argentina) as founding team member.
“LabelRadar has built an accessible product.”
Alex Branson said: “LabelRadar streamlines the entire demo submission process.
“LabelRadar has built an accessible product that makes it easier for record labels and publishers to review incoming demos, while ensuring artists get their demos heard by the right potential partners who can immediately jump on the opportunity to sign new music.”
“Our mission is to build a division that can help artists and record labels expand the reach and value of their music.”
Robb McDaniels, Beatport Group
Robb McDaniels, CEO of The Beatport Group, added, “Our mission is to build a division that can help artists and labels expand the reach and value of their music by connecting with Beatport’s unique community, and the acquisition of LabelRadar will be an important part of our suite of services.”
“LabelRadar was born out of a shared dream of a music industry that was more accessible, transparent and efficient.”
Ed Brew and Derek Clark
Ed Brew and Derek Clark, Co-CEOs and Co-Founders, said: “LabelRadar was born from a shared dream of a music industry that was more accessible, transparent and efficient for both artists and labels of all sizes.
“Our platform makes it easy to submit, discover and sign unreleased music and fosters an ecosystem where quality music can be quickly identified and it’s no longer a matter of who you know in the industry.
“After working with Beatport’s leading team on several projects, we were quick to recognize a shared vision, not only for what LabelRadar could become, but for the future of the music industry as a whole.
“By partnering with Beatport, we are unleashing the true potential of our ecosystem by scaling our development efforts, leveraging their vast network of industry relationships, and further expanding the value we can offer our users.
“We’re excited to embark on the next chapter of our journey and continue to ensure no music goes under the radar again.”The music industry worldwide