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New Zealand DJ software company Serato has sold a 66% stake in its business to a Canadian company in a deal which values the business at about $175 million. Canadian technology holding company Tiny ...

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British competition regulator said on Wednesday that Japan-based AlphaTheta's proposed deal to acquire New Zealand's Serato could see DJs paying more to keep partygoers entertained.

Serato chief strategy officer Nick Maclaren (left) and CEO Young Ly. Though little-known in NZ, the 160-strong Serato dominates the global market for DJ software. Photo / Dean Purcell ...

In 2022, the digital service claims to have sold 25,519,770 song downloads — making up nearly 12% of all tracks downloaded globally.

Serato chief strategy officer Nick Maclaren (left) and CEO Young Ly. Though little-known in NZ, the 160-strong Serato dominates the global market for DJ software.