FanTracks acquires jazzed streaming service with plans to expand from its existing UK and Germany base to go global in Q4 2022. FanTracks launched in 2020 with the vision to create a unique ‘fanmersive’ experience with live streaming at its core. FanTracks has built an engaged community through live streaming rock shows and its exclusive catalogue of video-on-demand concerts featuring A-list artists. jazzed has built a strong user base in its launch territories of UK and Germany based on a deep-dive curated catalogue of jazz, soul and blues and its unique Listen, Watch, Read user experience.
With the acquisition, FanTracks will leverage and enhance the jazzed proprietary technology platform to deliver a deeper app-based experience for selected communities, starting with rock and jazz and scaling to additional genre verticals. The app will offer music fans a cross- media deep dive with Pay Per View live streaming at its core. jazzed will launch globally with the enhanced platform in Q4 2022 followed by rock in Q1 2023.
The European based jazzed management and curation team led by co-founders Jonathan Arendt (CEO), Frank Taubert (CTO) and Marcel Engh (CMO) will join FanTracks’ US operation to jointly implement their innovative content strategy and connected venue approach, starting with leading jazz clubs around the world, with state-of-the-art remote production technology.
Ty Roberts, FanTracks CEO said, “With the acquisition of jazzed we will accelerate our vision to build the most innovative fan engagement platform anchored around immersive live streaming. The jazzed platform will now sit at the heart of FanTracks vision to scale across other music genres and add Web 3 product features such as NFTs and metaverse experiences. I am delighted to welcome the talented jazzed team to the FanTracks family.”
jazzed currently streams in AAC+ 160kbps and the teaser about the introduction of a lossless CD Quality service has been removed from their site. There is currently no information as to whether a lossless service will be offered when the site goes global.