Craig Carton Found Guilty on All Counts in Fraud Trial
Craig Carton was found guilty of all charges in a Manhattan federal court on Wednesday, after less than a day of deliberation by members of the jury. The counts – which included securities fraud, wire fraud, and conspiracy to commit fraud – could land the former sports talk radio... Read more
Vassilatos, Bednyak Out at Vivid Seats, Grubhub Exec Named CEO
Vivid Seats has announced the hiring of Stan Chia as new Chief Executive Officer, joining the Chicago-based ticket resale company from Grubhub, where he had served as Chief Operating Officer. Co-founders Eric Vassilatos, who had been CEO, and Jerry Bednyak will serve as co-chairmen of the board of directors... Read more
Ticketmaster Acquires Blockchain Ticketing Solution Upgraded
Ticketmaster, the global leader in ticketing software and services, announced today that it acquired UPGRADED, a blockchain technology company servicing the live events industry. UPGRADED converts traditional tickets into secure interactive digital assets protected by blockchain, providing event creators with more control and visibility over ticket distribution, and protecting fans... Read more
Eventbrite Targeted by Class Action Lawsuit Over Data Breach
A class action lawsuit has been filed in Illinois against Eventbrite over the massive data breach at subsidiary TIcketfly earlier this year, according to multiple outlets. The lawsuit, filed by Shanice Kloss in Cook County, alleges negligence on the company’s part, both before and after the breach, which saw... Read more
Broker Genius Names Former Bluewolf COO Paulo Kaiser As President
Broker Genius, a dynamic auto pricing and analytics company in the ticketing industry, hired former Bluewolf executive Paulo Kaiser as its first President. Paulo will manage Broker Genius’s growth and continue to drive customer success. He is responsible for the day-to-day operations of the engineering, analytics, account management, sales,... Read more
Rep. Bill Pascrell Asks for Dept. of Justice Investigation of Ticketmaster
Rep. Bill Pascrell, who helped spur a Federal Trade Commission (FTC) “workshop” to examining live event ticketing set for spring of 2019, has asked the Department of Justice to investigate Ticketmaster in a letter to Attorney General Jeff Sessions. The letter “highlights Live Nation/Ticketmaster market malfeasance” according to a... Read more
Tawn Albright Named EVP Specialized Platforms At Ticketmaster
Live Nation’s Ticketmaster division announced the appointment of Tawn Albright as Executive Vice President. Albright will be tasked with overseeing the growth and expansion of Ticketmaster’s specialized platforms including TicketWeb, which focuses on ticketing clubs and small venues, and Universe, Ticketmaster’s DIY ticketing platform. Included under the umbrella of... Read more
FTC Announces “Public Workshop” Examining Ticketing in Spring 2019
The Federal Trade Commission is holding a “public workshop” to examine consumer protection and competition issues within the online event ticketing world, announced on Thursday. The workshop will take place on March 27, 2019. “The online event ticket industry has been a frequent topic of consumer and competitor complaints,”... Read more
Canada’s Competition Bureau Expands Ticketmaster Investigation
An investigation into Ticketmaster’s business practices by Canada’s Competition Bureau has expanded to include a look at its practices specific to resale in the sake of the CBC/Toronto Star reports from late September, the CBC is reporting. The agency sued Live Nation/Ticketmaster earlier in 2018 over its alleged misleading... Read more
New Jersey Supreme Court Hears Super Bowl Holdbacks Case
The National Football League was on the defensive in a New Jersey courtroom on Thursday as the state Supreme Court heard arguments over a lawsuit related to ticket availability for the 2014 Super Bowl, held at MetLife Stadium. Josh Finkelman sued the league, saying that its lack of sale... Read more