Company Overview of TouchTunes Music Corporation
TouchTunes Music Corporation operates an in-venue interactive music and entertainment platform that supports a portfolio of location-based digital solutions to encourage social interactions through shared experiences. The company offers Playdium, a jukebox that allows venues to match the music experience to their location's unique personality through a selection of music profiles and filtering tools; Tanjarine, an integrated dining and entertainment experience that allows guests to place orders, play games and music, and pay their bill from portable interactive tablets; and Virtuo, a smart jukebox that supports multiple entertainment services. It also offers a mobile application that lets us...
850 Third Avenue
New York, NY 10022
Founded in 1998
Key Executives for TouchTunes Music Corporation
Chairman and Chief Executive Officer
Chief Financial Officer and Senior Vice President
Senior Vice President and General Counsel
Compensation as of Fiscal Year 2014.
TouchTunes Music Corporation Key Developments
TouchTunes Reportedly Explores Sale
Sep 2 14
TouchTunes Music Corporation whose investors include 3i Group plc (LSE:III) and VantagePoint Capital Partners is reportedly exploring a sale that could fetch roughly $500 million. TouchTunes is working with investment bank Moelis & Co to help find a buyer. There is probably no strategic buyer for the company so it will likely be sold to a private equity firm, one of the people familiar with the matter told Reuters. A spokeswoman for Moelis declined to comment, while a representative from TouchTunes did not immediately respond to a request for comment.
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