RedBall Sets June 1 Meeting to Approve SeatGeek Merger
RedBall Acquisition Corp (NYSE: RBAC) has scheduled a meeting of shareholders to approve the proposed business combination with SeatGeek on June 1. The meeting will be held virtually at 9:30 a.m. Should it be approved by the shareholders, the combination will see the combined company renamed to SeatGeek, Inc.... Read more
Vivid Seats Raises Guidance After Record First Quarter Earnings
Vivid Seats announced its first quarter financial results Tuesday morning, exceeding analyst expectations and posting record numbers amid the continued high demand for live events post-COVID. The company posted revenues of $130.8 million – matching a prediction made to TicketNews by an industry source prior to the earnings announcement... Read more
Vivid Seats Q1 Earnings Expected Early Tuesday; Expectations High
Vivid Seats (NASDAQ: SEAT) is going to be announcing its first quarter financial results on Tuesday morning, and sentiment is high that the numbers will be another set that bear out the strong reopening from the COVID-19 pandemic shutdowns being felt across the board for live entertainment and ticketing... Read more
Price Surging Leads Live Nation to Best First Quarter Ever
The reopening from pandemic restrictions continues to power record-setting numbers for Live Nation Entertainment, according to the company’s Q1 earnings report issued this week. Ticketmaster saw its gross ticket value transactions number up 39% compared to 2019, with 70 million tickets sold already for 2022 concerts. “Momentum has picked... Read more
SeatGeek Reports Record Revenue; RedBall SPAC Merger Closing in Q2
SeatGeek announced record revenues for Q4 of 2021, showing $82.5 million in net revenue on the quarter – more than 17 times the comparable figure from Q4 2020 and up more than 30 percent from the $56.8 million reported in Q3 2021. For the full year, the company reported... Read more
Should you use Crypto for your Travel?
If you ask who allows people to pay in Crypto for their Travel, the answer is enormous. You might know people who have been working hard to gain big in the travel industry using Crypto. Several online agencies have been working for a long with Crypto. One of these... Read more
How is Crypto Taking away the Vacation Gateway?
You can use Crypto to pay away the ransom money to hackers who have frozen your computer. However, when you see your digital assets like BTC or ETH, you wonder where to use them. After allowing consumers to pay in Bitcoin, Tesla later blocked the option. However, we now... Read more