Serato takes the power back in ComCom pitch

It's almost the final countdown on the Serato deal. (Image: DepositPhotos)

Tue, 28 Nov 2023

DJ software maker Serato says it’s not a must-have input, and it can’t lock out hardware makers who claim otherwise in their effort to block AlphaTheta's proposed US$65 million (NZ$107.2m) acquisition of the New Zealand firm.In a submission to the Commerce Commission on AlphaTheta’s application to buy the Auckland-based software firm, Serato drew on confidential information in backing up the initial application, saying a universal standard means all DJ hardware is compatible with its software and it can’t deny access...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Stay informed on business, government and financial developments across New Zealand.
Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].interval) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Markets Market close

NZ sharemarket falls 1.5% as investors look for cash

The S&P/NZX 50 Index closed at 12,896.67, falling 196.51 points or 1.5%.

Graham Skellern 6:15pm

Law & Regulation

Changes to HR rules a mixed bag

The new changes to HR rules will benefit employers.

Jonah Franke-Bowell 4:50pm

Primary Sector

Lower methane reductions comply with obligations: Govt

The Government will consider the findings of the independent review.

Rebecca Howard 4:30pm

Lower methane reductions comply with obligations: Govt

Sponsored

Revolutionising NZ business networks

How 2degrees is transforming connectivity for Kiwi businesses.

2 Degrees

Sponsored

Hybrid work is here to stay

Less commuting, more balance: Why flexible workspaces work.

Regus

More Law & Regulation

Law & Regulation

Changes to HR rules a mixed bag

The new changes to HR rules will benefit employers.

Jonah Franke-Bowell 4:50pm

Law & Regulation

Valocity alters service after ComCom investigation

Property data firm Valocity has changed its online valuation ordering system following a Commerce Commission investigation.The competition watchdog was concerned that Valocity’s system may have been limiting competition among property valuers, with consumers potentially paying hi...

Maria Slade 12:15pm