We did a double-take this morning when spotting the news that comeback-startup Turntable Live has acquired JQBX.
No, NOT the fractionalised music royalties startup being launched by former WMG exec Scott Cohen: that’s JKBX with a K.
JQBX with a Q is an older startup that built an app to enable people to create private rooms and DJ at their friends via Spotify’s API. So, quite a lot like the original Turntable·fm: one of whose early employees is now the founder of TurnTable Live.
Although Turntable Live announced the acquisition yesterday, the partnership actually started last year. In September 2022 JQBX tweeted that it was now “powered by” Turntable, and told its users to “please transfer your community there to continue the party”.
The acquisition comes shortly after Turntable Live raised $7m of funding to continue building its service, which like Turntable·fm blends avatar chatrooms and streaming music, with users playing DJ.
The new app is due to launch later in 2023, and JQBX’s community will now be part of that.
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