October 20, 2021

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The Dice Ticketing Platform raised সি 122 million in Series C funding

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Ticket platform Six New investors, led by Softbank Vision Fund 2, have raised up to $ 122 million in Series C funds in one round, following investments from Tony Fadel’s Future Shape, Bliss, French entrepreneur Javier Neal, Miraboud Private Equity, Cassius and Evolution.

“We believe the future of dice technology has the potential to transform the future of live entertainment,” said Yanny Papilis, managing partner at Softbank Investment Advisors. “In addition to the flexibility and security of seamless ticketing, the platform connects fans, artists and venues in a whole new way … We are thrilled to partner with DICE to help create a significant event experience for fans around the world.”

According to the announcement, Dice will use the funds to “significantly increase the company by reaching out to artists, fans and venues, recruiting new team members, adding to its live stream offer and launching an ambitious artist development program that will see the platform connect directly with more artists.” Works on their live strategy.

“Dice Live is driving the experience industry anew. We’ve proven that if you get along well with fans, they will go further, “said founder-CEO Phil Hutchion. Creating scalable ecosystems that enrich artists, promoters and venues enables Softbank to expand into each of our markets as a partner.

IPod inventor and iPhone co-inventor Tony Fadel is joining the dice board to further develop the platform and expand into spaces.

+ Warner Music Group And Twitch Has announced a “first-of-its-kind” partnership that will allow companies to launch various recording artist channels and create a unique music space featuring premium music-centric programming. The deal marks Twitch’s first partnership with a large record company, providing users with a way to communicate with music-related content in the service and a more direct connection with the artists’ fans.

In addition, Twitch has created a new process that allows participating music rights holders, including WMG, to choose to report specific uses of their music, while producers inadvertently or accidentally use music in their stream. This comes with the announcement last week of a deal between Twitch and the National Music Publishers Association that would refrain from a licensing deal but apparently calmed the long-standing tensions between the two companies.

ONA Ruxandra, Chief Digital Officer and EVP, Business Development, WMG, said: “It is clear that Twitch is an essential place for all kinds of creators to connect with their fan community. Our partnership creates a ramp for artists to come into service with Twitch’s strong support, opening up a new source of growing revenue. Among the artist-specific channels and premium shows that we plan to launch, music lovers will get a fresh new look into the world of music and the lives of their favorite artists.

Tracy Chan, VP, Head of Music, Twitch, added: “Twitch has always been – and always will be. For fans, artists and all creators, it’s a great step. For fans and artists, Twitch has countless opportunities to build meaningful, direct and valuable relationships. “By working together, we can create new examples and opportunities for artists and the Twitch community, based on the passion of fans. We appreciate Warner Music’s progressive approach to our colleagues and look forward to a fruitful partnership.”

The WMG Artists Channel will be launched in partnership with Warner Music Group’s recorded music business, including Warner Records artist Bella Poirch and Sweety and Atlantic Records singer / producer Sueko.

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