Songkick Raises $15 Million in New Round of Funding
NEW YORK, Aug. 25, 2016
Songkick Raises $15 Million in New Round of Funding by Access Industries; Announces West Coast Expansion and New VP of Product, Design. Songkick Strengthens its Position as the World’s Leading Independent Artist Ticketing and Music Discovery Platform, Focusing on Technology to Enhance the Connection Between Artists and Fans, Increase Ticket Sales, and Fight Scalping.
Songkick, the world’s leading artist-ticketing and concert discovery platform, announces the close of a $15 million additional round of funding by Access Industries. In addition, Songkick is announcing the expansion of its West Coast office; the hiring of its new VP of product, Lydia Goldberg; and a new VP of design, Lee Martin. Matt Jones, chief executive of Songkick, made the announcement this morning.
Since merging with CrowdSurge in 2015, Songkick has received international attention for working with artists to improve the live experience. Songkick uses its technology to ensure that artists sell more tickets to fans through enhanced discovery while reducing the number of tickets sold to scalpers, and works with artists including Metallica, J. Cole, Mumford & Sons, Pixies, Red Hot Chili Peppers, Paul McCartney, and more. Songkick is a transparent, pioneering technology partner to artists, helping them retain control of their ticket sales and connect them with their global fan bases better than ever before.
“We’ve always been focused on aligning with artists and connecting them directly with their fans,” Jones says. “The biggest myth in live music is that ticket scalping is somehow impossible to prevent, but with the right focus and the right tools, these issues can be solved, and Songkick is at the leading edge of solving them. Through our technology we’re reducing scalping, giving real fans a better chance of getting tickets to the shows they’ve waited so long to attend, and generating more revenue for artists along the way.”
During the year since its merger, Songkick has expanded its artist ticketing and discovery businesses, now ticketing in more than 60 countries around the world and reaching more than 12 million fans every month. In addition, Songkick has integrated its discovery platform with leading media and streaming services including Spotify, Pandora, MTV, CMT and Soundcloud, with more partnerships to be announced in the coming months.
Songkick has also recently bolstered its leadership ranks across several offices. Lee Martin, who has worked closely with some of the world’s biggest artists on revolutionary digital marketing campaigns including Foo Fighters, Little Dragon, Carly Rae Jepsen, Slipknot, and Cut Copy, will now manage the company’s visual design team as its new VP of design, based in New York. Lydia Goldberg, formerly product director for Zoopla, one of the UK’s leading property websites, also joins the team as its new VP of product, based in London. While at Zoopla, Goldberg built the company’s product function from the ground up, oversaw the launch of innovative search-related products, and led the integration of multiple digital products into a single, seamless platform.
“The disappointment that fans experience when they’re unable to see their favorite artist perform live can be very disheartening,” Goldberg says. “Songkick has always been focused on ensuring that fans are able to see the artists they love perform, and in this role I’ll be focusing on product innovations that will empower artists to engage with their fans in even more enriched ways.”
Nick Fishbaugh, previously senior director of global music partnerships for Shazam, recently joined Songkick’s business development team in Los Angeles, expanding its West Coast presence. Fishbaugh will report to Stephen Glicken, who was recently promoted to VP of business development for the company and will be responsible for expanding Songkick’s reach and partnerships with artists on a global scale.
As the world’s leading independent artist-ticketing and concert discovery platform, Songkick connects hundreds of the world’s greatest artists with millions of music fans around the globe, utilizing its proprietary technology to increase ticket sales and fight scalping. Used by more than 12 million music fans every month, Songkick’s concert discovery platform targets more than 60 markets globally with notifications and tickets whenever a fan’s favorite artists are playing nearby. Songkick’s innovative technology improves the fan experience, ensuring tickets end up in the hands of an artist’s most engaged fans.
About Access Industries
Founded in 1986 by Len Blavatnik, an American entrepreneur and philanthropist, Access Industries is a privately held industrial group with strategic global investments. With corporate offices in New York, London and Moscow, Access’ holdings include market-leading companies in the Natural Resources and Chemicals, Media and Telecommunications, Technology and E-commerce, and Real Estate sectors. The company’s holdings in the media space range from wireless communications and production services to broadcast media and entertainment licensing ventures and include Warner Music Group, Deezer, Perform, Acision, and R.G.E. Group Ltd, among others.