Taylor Swift Fans Struggle To Secure Tickets To Lover Fests During Verified Fan Presale
Taylor Swift is playing just four shows next year in support of her latest record, and when tickets went on sale yesterday, fans were left empty-handed after hours waiting in the queue line due to problems with Ticketmaster’s Verified Fan program. Lover, Swift’s seventh studio album, dropped last month.... Read more
When there’s no more up….what happens to ticket pricing in a recession?
by Eric Fuller Fall is here. We are heading to harder times. The temperature is dropping and ticket prices may follow. There are lessons to be learned from Billie Eilish, The Black Keys and Jacqueline Novak. Stay with me, this first part is hard but, on the plus side,... Read more
Festicket Announces New Chairman, Senior Advisor
The leading festival experience platform Festicket has appointed a new Chairman and Senior Advisor amid the company’s continued growth. Ian McCaig, the former CEO of ex-lastminute.com, is now a Chairman of the Board. Previously, he joined the founders and the board of lastminute.com when it was a public company... Read more
TEG Announces “Strategic Investment” From U.S.-Based Silver Lake
TEG, the Australia-based ticketing and live events promoter and owner of Ticketek, has announced a strategic investment from U.S-based investment firm Silver Lake, which is expected to close this year, pending final conditions including approval by the Australian Foreign Investment Review Board. Terms of the deal, which were rumored... Read more
MGM Resorts Announce $800M Settlement With Route 91 Festival Victims
A settlement was announced Thursday to resolve claims against MGM Resorts related to the 2017 massacre at the Route 91 Harvest Festival in 2017, according to CNBC. The settlement will pay claimants at least $735 million, according to a press release issued by the company. The total settlement may... Read more
Billie Eilish Fans Face Chaos, Delays During Verified Fan Presale
Billie Eilish – the 17-year-old goth pop star – has quickly risen to fame in a short amount of time. Now, as she heads out onto her second round of tour dates supporting her debut record, fans are stuck unsuccessfully vying for presale tickets through Ticketmaster’s Verified Fan program.... Read more
Live Nation Names Two New Sports Ticketing Executives
Los Angeles, CA —Ticketmaster announced today that industry veterans Clay Luter and Kurt Schwartzkopf will run the global ticketing leader’s sports division in North America. In these newly expanded roles, Luter, who has been with Ticketmaster for more than 30 years, and Schwartzkopf, will both serve as Executive Vice Presidents and Co-Head of Sports for Ticketmaster North America. Together,... Read more
Adler: Black Keys Fiasco Reveals Depths of Ticketmaster Monopoly Moves
High-demand events generate a lot of passion when it comes to accessing tickets and the price of those tickets. Fortunately, a variety of ticket sources, including online marketplaces, offer a safe place for consumers to shop for resale tickets even if a show is sold out. The secondary resale... Read more
eBay CEO Steps Down Amid Push to Spin Off StubHub
eBay CEO Devin Wenig has stepped down in the midst of a push by activist investors to sell off assets, including ticket resale marketplace StubHub, the company announced this week. He has been replaced for the time being with Scott Schenkel, eBay’s senior vice president and chief financial officer.... Read more
TEG Rumored to be Targeted for $1B Purchase by Silver Lake Partners
According to a report this week in the Australian Financial Review, a North American firm is considering purchasing TEG, the leading ticketing and live entertainment industry in the Asia Pacific market. TEG, which owns Ticketek and bills itself as “Asia Pacific’s leading Ticketing, Live Entertainment and Data Analytics business”... Read more