Warner Music India Expands Into Live Entertainment With Strategic SkillBox Investment
Warner Music India (WMI) has acquired a minority stake in SkillBox, a ticketing and live events platform, as part of Warner Music Group's strategy to expand in emerging markets.
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The investment aligns with WMI's three-pronged growth strategy:
- Bringing Indian music to global audiences
- Establishing a major cultural presence in India
- Securing a top-three market position in revenue and market share
SkillBox, founded by Amnol Kukreja and Sandip Ranjhan, has evolved from a ticketing platform into a comprehensive live entertainment company. The platform serves over 1.5 million users, offering:
- Artist tours
- Ticketing solutions
- Branded event experiences
- Community-driven events
- Artist management
- Live technology solutions
Jay Mehta, Managing Director of WMI, emphasizes that this investment supports their artist-first, fan-first approach while capitalizing on India's growing live entertainment market.
The partnership enables WMI to:
- Expand artist services
- Enhance technological capabilities
- Create new revenue streams beyond traditional music sales
- Connect artists with fans across India
- Strengthen their position in the region's developing live entertainment space
This strategic move reflects Warner Music Group's broader focus on emerging markets, with CEO Robert Kyncl identifying India as a high-growth potential market for future expansion.