Horizon Shareholders Approve Vivid Seats Deal; Closing Planned for Monday
Shareholders of Horizon Acquisition Corporation (NYSE: HZAC) approved the proposed merger deal that will bring Vivid Seats public at an October 14th meeting. Plans are that the deal will be closed on Monday, October 18, according to an announcement by both companies. Approximately 95.5% of the votes cast at... Read more
PA Attorney General Sues Comic Con Operator Over Ticket Refunds
Pennsylvania Attorney General Josh Shapiro has filed a lawsuit against an event operator for allegedly failing to issue ticket refunds from a planned comic convention that was initially scheduled for April of 2020. The Great Philadelphia Comic Con was initially scheduled for the spring of 2020, postponed to the... Read more
SeatGeek, RedBall Announce Merger, Bringing Ticketing Company Public
Another ticketing company is going public, as SeatGeek and RedBall Acquisition Corp confirmed rumors that they were working on a deal, announcing plans to merge. The deal values SeatGeek at approximately $1.35 billion, and is expected to close in the first quarter of 2022. The story was leaked last... Read more
BTS at SoFi: 300,000+ Tickets Sold, Zero to General Public
Demand for a four-show run at SoFi Stadium in California by BTS was so high, it’s causing some superfans of the KPop outfit to consider trying to retaliate against LA Chargers and Rams fans. That’s the kind of week it has been in ticketing, as the wildly popular group’s... Read more
Live Nation Venues Among Targets of Florida Officials Over Mandates
A large number of live entertainment spaces in Florida have found themselves targeted by the Florida Department of Health for potential fines, according to numerous reports. The venues are among hundreds of private entities that state officials say are in violation of the state’s ban on vaccine passports, which... Read more
Report: SeatGeek in Talks to Go Public Via SPAC Merger
SeatGeek is reportedly in merger talks with RedBall Acquisition Corp, a blank-check special purpose acquisition corporation (SPAC) that would bring the ticketing company public. RedBall is led by Billy Beane, former Oakland A’s general manager and current executive (as well as the subject of the film Moneyball) and Gerry... Read more
SeatGeek Swaps Program Offers Consumers Refund Option on Tickets
Seatgeek announced a new “Swaps” program, allowing for consumers to return tickets purchased through the marketplace for marketplace credit. Tickets eligible for the Swaps program can be returned up to 72 hours prior to the event, with the promo code valid for 12 months after the return. “Consumers expect... Read more
Foo Fighters’ Touring Company Sues Live Nation Over Cancelled Gig
Zenith Touring, which represents the Foo Fighters, filed a lawsuit against a division of Live Nation in Nashville over unpaid money from a corporate concert that had been cancelled. Zenith filed the lawsuit in Davidson (Tennessee) County Chancery Court against SME Entertainment Group, which is a division of Live... Read more
Beijing 2022 Olympics to Limit Spectators to Residents of Mainland China
Spectators for the Beijing 2022 Olympic and Paralympic games will be limited to those who reside in China’s mainland, making the games a second straight that will have dramatically altered plans due to the COVID-19 pandemic. The decision was conveyed by Beijing 2022 organizers at an International Olympic Committee... Read more
CTS Eventim Seeks to Enter, Disrupt North American Ticketing Market
CTS EVENTIM has announced it is making a push to enter the North American ticketing market, challenging the dominance of Live Nation Entertainment and (to a lesser extent) AEG in the lucrative live events access space. The Germany-based promoting and ticketing giant hopes to use the restart of live... Read more