WMG acquires Songkick discovery platform
The label group has bought Songkick's discovery app, website and trademark – but not its ticketing business, which has "pending litigation" against Live Nation
News By | 14 July 2017
Recorded music giant Warner Music Group (WMG), one of the ‘big three’ record labels, has acquired “selected assets” from Songkick, including its concert-discovery app, website and the Songkick trademark.
The surprise acquisition excludes Songkick’s ticketing business – established in June 2015, when it merged with white-label ticketing platform Crowdsurge – and, crucially, the “pending litigation” associated with it. The company has been locked in a legal battle with Live Nation/Ticketmaster since December 2015, when Songkick sued the conglomerate over alleged abuses of its “monopoly power” to stifle competition.
The Songkick app will operate as a standalone brand overseen by WEA, WMG’s artist and label services division. WEA services include sales, distribution, streaming account management and playlisting, analytics, insight, artist websites, VIP experiences, fan clubs and merchandising, and…