IK Multimedia has introduced GrooveMaker Reggaeton (App Store link), a $9.99 app (for iPhone/ipod touch) that lets you create and share reggaeton tracks.

via ikmultimedia:

Put some “gasolina” into your grooves and produce some of the coolest Reggaeton tracks in the “barrio” with GrooveMaker. Take a journey into the urban Latino landscapes from Puerto Rico to Miami with this high energy title packed with unstoppable party-like beats, moving basses and percussions, rhythmic synths and effects.