New Zealand Commission Declines Clearance For AlphaTheta’s Proposed Acquisition Of Serato

IMHO. This is good for the whole of the DJ community and competition in the industry.

Now, Denon. Where’s that new single Prime player? LOL

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Good news !!! :ok_hand:

I thought it had already been acquired and the deal was closed. They’ve been talking about this since last year… I hope Serato isn’t absorbed by AlphaTheta, for the sake of users.

It won’t be absorbed… The deal was blocked from completing. That’s not to say Serato can’t be sold still, just not to Alpha Theta.

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HECK YEAH!!! This is AWESOME NEWS!!!

I guess this ends the UK inquiry?

Could Serato reincorporate in another country and try again? – Oh, that’s what DJTT mentions. “There’s a chance that the company could try to move overseas independently to a country that has less business regulation, but that’s a massive expense as well.”