TikTok recently launched its new subscription-based music streaming service which is marketed as a competitor to popular sites such as Spotify, Apple Music, and Amazon Music. The company recently announced its inaugural live music event, "In The Mix," which also marks TikTok's foray into selling event tickets to its user base.
To facilitate ticket sales for this event, TikTok has collaborated with ticketing technology company Tickets.com. Tickets for "In The Mix" can be purchased through TikTok's dedicated website, TikTokInTheMix.com, with pre-sale options available starting on October 27 and general sales commencing on November 2.
By entering the ticketing arena, TikTok is aiming to leverage its platform to bring live music experiences to its users, facilitating strong relationships with fans and the artists they love.
Social App-Sourced Tickets
TikTok Launches its New Live Event with Ticket Sales by Tickets.com
Trend Themes
1. Live Event Streaming - The collaboration between TikTok and Tickets.com signifies the growing trend of live event streaming platforms entering the ticketing arena.
2. Subscription-based Music Streaming - TikTok's new subscription-based music streaming service showcases a trend of social apps expanding into the music streaming market.
3. Direct-to-consumer Ticket Sales - TikTok's partnership with Tickets.com highlights the trend of social media platforms offering direct ticket sales to their user base.
Industry Implications
1. Social Media - TikTok's collaboration with Tickets.com demonstrates an intersection between the social media industry and the live event ticketing market.
2. Music Streaming - The launch of TikTok's subscription-based music streaming service indicates the continued growth of the music streaming industry.
3. Ticketing Technology - Tickets.com's collaboration with TikTok underscores the importance of ticketing technology in facilitating direct-to-consumer ticket sales.