Beatport, an online retailer and subscription streaming service that specializes in electronic music, has appointed Matt Gralen to the position of Chief Financial Officer.
Gralen will be based in London, UK.
Gralen most recently served as EVP of Corporate Development at UnitedMasters, a distribution platform for independent artists.
Prior to joining UnitedMasters, Gralen served as VP of Strategy & Operations at Mass Appeal, an entertainment company focused on hip-hop culture.
The exec continues to serve as a Strategic Advisor to Mass Appeal, and is a mentor at the startup incubator Techstars Music.
Gralen started his career at investment firms Raine Group and Goldman Sachs, where he advised and invested in high-growth consumer, media and technology companies.
Gralen’s appointment marks the latest senior hire for Beatport this year.
In February, music industry veteran Alex Branson joined Beatport as Senior Vice President of Music Services.
Elsewhere at Beatport, the company recently acquired music discovery portal LabelRadar (in May), and UK-born music industry technology company, ampsuite (in February).
“Matt’s breadth of experience across the finance and media industries will have a huge impact on our leadership team and our ability to execute on our vision for the next few years.”
Robb McDaniels, Beatport
Robb McDaniels, CEO of the Beatport Group, said: “Matt’s breadth of experience across the finance and media industries will have a huge impact on our leadership team and our ability to execute on our vision for the next few years.
“Beatport will continue to be acquisitive in the market as we expand our product suite to the global DJ community, which fits squarely within Matt’s mandate as group CFO.”
“It’s a real honor to join Robb and the rest of the incredible team at Beatport.”
Matt Gralen
Gralen added: “It’s a real honor to join Robb and the rest of the incredible team at Beatport.
“I look forward to working across their world-class business ventures and helping grow The Beatport Group portfolio of businesses around the world.”
Music Business Worldwide