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# SFX Withdraws Beatport Sale
- URL: https://www.hypebot.com/sfx-withdraws-beatport-sale/
- Published: 2016-07-12T14:28:47.000Z
- Updated: 2016-07-12T14:28:47.000Z
- Description: SFX would appear to be running out of options in its efforts to exit bankruptcy. After selling digital marketer Fame House and ticketer Flavorus to Universal Music Group, SFX withdrew. Continue reading [https://www.hypebot.com/hypebot/2016/07/sfx-withdraws-beatport-sale.html]
- Author: Bruce Houghton
- Tags: Live & Ticketing, Music Tech, Startups & Funding, Streaming, Air traffic control, Australian dollar, Bankruptcy, Chapter 11, Dance Moms, Gawker Media, Heath Miller, Lucian Grainge, Spotify, Title 11, United States Code, Universal Music Group, #wp, #wp-post, #Import 2026-01-21 10:22

**[![BeatportLogo](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d2046ea0970c-150wi "BeatportLogo")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d2046ea0970c-popup?ref=hypebot.com)SFX** would appear to be **running out of options** in its efforts to exit bankruptcy. After [selling](https://www.hypebot.com/sfx-exits-bankruptcy-unexpectedly-breaking-news/) digital marketer **Fame House** and ticketer **Flavorus** to **Universal Music Group**, **SFX** withdrew its bankruptcy reorganization plan in favor of dealing directly with creditors. Now it's withdrawn a **proposed Beatport sale**.

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[![SFX_logo](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d2046ea7970c-150wi "SFX_logo")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d2046ea7970c-popup?ref=hypebot.com)In a motion to the U.S. Bankrupcy Court in Delaware today, SFX withdrew the proposed sale of Beatport. It is unclear if the offering was withdrawn because there were no credible offers, but cash from a sale was expected to help the troubled EDM promoter emerge from bankruptcy.Last month [terminated its pre-Chapter 11 Restructuring Agreement](https://www.hypebot.com/sfx-exits-bankruptcy-unexpectedly-breaking-news/) and entered into direct talks with bondholders and creditors.SFX filed for Chapter 11 Bankruptcy on February 1st of this year.**MORE: [SFX Entertainment Terminates Chapter 11 Restructuring Agreement](https://www.hypebot.com/sfx-exits-bankruptcy-unexpectedly-breaking-news/)**

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