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08-10-2015, 05:42 PM
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SFX, Beatport Apologize For Suspending Label Royalty Payments
Beatport and its parent company SFX have apologized for Suspending Royalty Payments to labels and rights holders from money earned on the website. In a memo sent out to rights holders and labels, SFX Chairman and CEO Robert F.X. Sillerman said he was "deeply embarrassed" about what happened and promised to have Payments processed next week.
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