TouchTunes

The company's core business revolves around its network of over 65,000 connected digital jukeboxes located in bars, restaurants, breweries, and other social establishments. Its business model is built around a pay-per-play system, where revenue is generated from users paying to select songs. A significant and growing portion of this revenue comes through its mobile application, which allows users to find locations, control the jukebox remotely, and pay for song credits using various digital payment methods like Apple Pay, Google Pay, and PayPal. The app, first launched in 2010 and revamped in 2016, has been downloaded millions of times and drives the majority of the company's business.

TouchTunes serves a dual clientele: the patrons of social venues who use the service for entertainment, and the venue owners and a network of third-party operators who install and maintain the machines. For venues, the jukeboxes are designed to enhance the atmosphere, increase customer dwell time, and drive revenue. The company has continually advanced its hardware, introducing models like the Angelina with music-driven lighting and the customizable Fusion Music System.

A significant milestone in the company's history was the February 2024 acquisition of Arachnid 360, a prominent manufacturer of soft-tip electronic dart systems. This move expanded TouchTunes' network by over 30,000 connected dartboards and broadened its footprint to nearly 100,000 connected entertainment devices globally. The acquisition integrated another layer of interactive entertainment into its portfolio, aligning with its mission to foster social connection through shared experiences. While TouchTunes was acquired by private equity firm TA Associates in March 2022, it continues to operate and innovate under its established brand.