U.K.-based ticketing platform Dice has acquired the long-running electronic livestream series Boiler Room.
According to a statement from Dice, the company plans to work with Boiler Room on enhancing its programming and creating additional revenue for artists, rights holders, collectives, festivals and clubs.that it would use its newly-acquired $122 million in Series C funding to grow its team, reach new artists and venues and expand its livestream offerings. Founded in 2014, Dice is a discovery and events app that works with over 3,600 venues, festivals and promoters around the world.
"I’ve been a fan of Boiler Room for years and they’re world-leading in bringing incredible experiences to fans," added Hutcheon."Blaise and I have been discussing for over a year how to support artists better and the more we spoke, the more excited we were to work together. The combination of Boiler Room with the distribution and technology of DICE creates substantial opportunities in a sustainable, transparent and fair model.
In addition to livestreams, Boiler Room hosts tours and festivals and produces documentaries, original content, apparel collaborations and other endeavors, all of which will continue under the Dice acquisition.
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