The leading download store for electronic music Beatport will increase its prices as of next Monday, August 14th, citing ‘recent economic factors’ as the reason.
The price hikes vary by region, with Aussies feeling the brunt of it: around 7% for Europe, 13% for US customers, 15% in the UK, and over 20% for Australia.
The company says the increases will provide them with a ‘’much-needed’’ revenue boost, which they’ll use to improve customer experience.
👉 Related: Looking for Beatport alternatives? Check out the 15 best music download stores for DJs.
The statement on their website explained:
‘’At Beatport, we operate a revenue share model and pay the majority of our revenue out to artists and labels. Since Beatport’s launch, we have continued to expand our range of products and services, but we haven’t raised prices since 2005. Recent economic factors have significantly increased costs for both Beatport and the community of tens of thousands of artists and labels that provide us with music from around the world.’’
In an attempt to soften the blow, Beatport is also updating its policy to allow customers to re-download purchased tracks up to 5 times with no time limit.
The increases affect both standard and lossless copies. View all the upcoming changes below.
New Beatport pricing (effective August 14th, 2023):
General catalogue: $1.49
New Release: $1.69
Lossless fee: $0.75
General catalogue: €1.39
New Release: €1.59
Lossless fee: €0.75
General catalogue: £1.14
New Release: £1.30
Lossless fee: £0.75
General catalogue: $2.09
New Release: $2.29
Lossless fee: $0.80