Backbeat Monogram

We are finally taking this project off the shelf and rolling up our sleeves. Everything that was done last year gets tossed out the window and we are starting from scratch. The logo is first, on the list.

Here is a monogram concept, which is actually a piece of another concept, that I am really liking right now. It's clean, simple and to the point but I feel like it is missing something.

Thoughts & comments are 100% welcomed.