Boiler Room Acquired By Superstruct Entertainment
DICE, who previously owned the platform, will continue to be Boiler Room’s official ticketing partner. In yet another landmark acquisition within the dance music industry, Boiler Room, the globally renowned streaming platform celebrated for its intimate, cutting-edge broadcasts of DJ sets and live performances, has been acquired by Superstruct Entertainment. While the financial details of…
DICE, who previously owned the platform, will continue to be Boiler Room’s official ticketing partner.
In yet another landmark acquisition within the dance music industry, Boiler Room, the globally renowned streaming platform celebrated for its intimate, cutting-edge broadcasts of DJ sets and live performances, has been acquired by Superstruct Entertainment.
While the financial details of the transaction remain undisclosed, this deal signifies a significant shift in ownership, with the European live music powerhouse taking the reins from the platform’s previous owner, DICE.
Boiler Room’s acquisition by DICE in 2021 followed the latter’s successful Series C funding round, which raised over USD 120 million. Since then, DICE has gone on to secure more than USD 200 million in funding, with its latest round completed in August 2023. The sale of Boiler Room to Superstruct comes just six months after Superstruct itself was acquired by investment firm KKR.
According to the Financial Times, that deal, which saw KKR take ownership from Providence Equity Partners, was valued at €1.3 billion (roughly USD 1.39 billion), marking another major consolidation in the live entertainment and music industry. Superstruct is the powerhouse behind some of the world’s biggest festivals, including Sónar Festival, Brunch Electronik and Flow Festival, and elrow, to name a few.
In a statement following the takeover, Boiler Room’s founder Blaise Bellville said, “As we turn 15 and enter our next stage of growth, we’re excited to be partnering with Superstruct for this chapter. We feel in good company with their roster of brands, they offer us new opportunities to grow, whilst understanding the importance of staying true to the authenticity that, at its core, is what makes Boiler Room special.”
Boiler Room announced that its core team will remain at the helm, continuing to lead the business and oversee its operations under Superstruct’s new ownership. Furthermore, DICE will continue to serve as Boiler Room’s official ticketing platform, reinforcing the long-standing partnership between the two entities.
Although it’s still too soon to predict the full impact of Superstruct’s ownership on Boiler Room’s future, this acquisition underscores a significant trend: the increasing alignment between digital streaming platforms and major live event operators. This development signals the dawn of a new era in global music experiences, where the lines between virtual and physical worlds continue to blur.
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