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Twickets attracts high profile music industry investment

Twickets, a new fan-to-fan ticket exchange platform, has won the support of a number of high profile music industry professionals.

Jim Ottewill
  • By Jim Ottewill
  • 13 Mar 2015
  • min read
Twickets, a new fan-to-fan ticket exchange platform, has won the support of a number of high profile music industry professionals.

Tony Wadsworth (former chairman of EMI Music and chairman of the BPI), Harry Magee and Richard Griffiths (Modest Management [One Direction, 5SOS, Cheryl Cole, Olly Murs] and Ian McAndrew (Wildlife Entertainment [Arctic Monkeys, Royal Blood]) are among the founding board of investors.

The news coincides with the launch of the new Twickets platform, which enables fans to trade tickets securely on their mobile.

Modest Management’s Richard Griffiths said: ‘The live show is at the heart of the modern music business. We work very hard with our artists to provide a truly memorable performance and we price our shows so that fans get value for money.

‘We don’t like to see our fans being ripped off by the secondary market, so as Parliament is unwilling to make their practices illegal we are delighted to give our full backing and support to Twickets - an ethical alternative that provides a fair and transparent ‘face value or less’ solution.’

The business launched in 2011 and has grown to in excess of 250,000 users to date in the UK alone.