December 11, 2024 – The Beam, a leader in empowering emerging music artists through its discovery and monetization platform, has acquired HotDrop, a trailblazing company known for supporting independent musicians and enhancing music discovery experiences.
With this acquisition, The Beam continues its mission to revolutionize opportunities for smaller and medium-sized artists in the modern music industry. HotDrop's expertise in powering over 10 million music discovery moments and serving hundreds of thousands of fans will be integrated into The Beam's platform, providing even greater value to artists and fans alike.
Founded by Max Goldberg, HotDrop has been featured in The Wall Street Journal, Inc. Magazine, and TechCrunch for its impact on independent artists. The Beam will leverage HotDrop's capabilities and team to further its vision of helping creators gain visibility, monetize their work, and grow their careers.