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Home EDM News

Songkick To Shut Down Ticketing Business, Forced To Bow To Live Nation and Ticketmaster

by Karlie Powell
October 17, 2017
in EDM News
Fabric London Will Close After Having Its License Revoked

Picture of rock concert, music festival, New Year eve celebration, party in nightclub, dance floor, disco club, many people standing with raised hands up and clapping, happiness and night life concept

Songkick has officially announced its plans to shut down by the end of this October, but the company and its co-founder Matt Jones aren’t going down silently…

Although the ticket platform has found its stride selling admissions to some of the hottest shows on the scene, it ultimately cannot compete with Live Nation and Ticketmaster. The official statement that accompanies the unfortunate news doesn’t shy away from the fact that the two powerful companies have “effectively blocked” Songkick’s U.S. ticketing business.

Jones claims that his company is being forced to “bow to pressure from Live Nation and Ticketmaster.”

This comes as no surprise to those who have followed Songkick’s business ventures closely. The company sold most of its assets, including its own brand name and concert discovery tool, which went to Warner Music earlier this year.

As of now, the Songkick website still boasts tickets to see many headliners like Lana Del Rey, Marshmello, 21 Savage, GRiZ, Sleigh Bells and more.

 

Source: Forbes

Tags: Live NationShut DownsongkickTicket SalesTicketmastertickets
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