Music Industry Moves: Dice Ticketing Platform Raises $122 Million; Warner Music Strikes Partnership With Twitch

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Ticketing platform Dice has raised up to to $122 million in Series C funding in a round was led by new investor, SoftBank Vision Fund 2, with follow on investments from Tony Fadell’s Future Shape, …

has raised up to to $122 million in Series C funding in a round was led by new investor, SoftBank Vision Fund 2, with follow on investments from Tony Fadell’s Future Shape, Blisce, French entrepreneur Xavier Niel, Mirabaud Private Equity, Cassius and Evolution.

According to the announcement, Dice will use the funding to “significantly grow the company by expanding reach to artists, fans and venues, while, adding to its live stream offering, and launching an ambitious artist development program that will see the platform work with even more artists directly on their live strategy.”

Tony Fadell, iPod inventor and iPhone co-inventor, is joining the Dice board to support further platform development and expansion into venues.have announced a “first-of-its-kind” partnership that will see the companies launch various recording artist channels and create a standalone music space featuring premium music-centric programming.

Oana Ruxandra, Chief Digital Officer and EVP, Business Development, WMG said: ”It’s clear that Twitch is an indispensable space for all types of creators to connect with their fan communities. Our partnership creates an on-ramp for artists to come onto the service with strong support from Twitch, opening up an entirely new source of incremental revenue.

 

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