CTS Eventim Hits $2B in Revenue In Quarter 3 Earnings
The Germany-based entertainment giant CTS Eventim has announced growth in its third quarter earnings report, with revenue hitting the $2 billion mark for the first time. CTS Eventim released its…
Finance
‘Concerts Continue Booming’: Live Nation Reports Operating Income Rise, Dip in Revenue
Entertainment giant Live Nation revealed its third quarter earnings this week, showcasing an increase in operating income amid a dip in revenue. During the third quarter Live Nation reported that…
Vivid Seats Releases Q3 Earnings Report, Decrease in Net Income
Secondary ticketing marketplace Vivid Seats released its Quarter 3 financial results, reporting a decrease in revenue and net income. The financial results for the quarter, which ended on September 30,…
Live Nation’s Stock Soars Following Trump Victory
Live Nation (NYSE: LYV) shares hit a 52-week high Wednesday morning amid a stock market-wide surge after Donald Trump declared victory in the 2024 U.S. presidential election. Just hours after…
Report: Non-Profit, OVG360 Misused $5.7M in Donations for Dallas’ Fair Park
Oak View Group, the for-profit company managing Dallas’ Fair Park, revealed earlier this week that its operating expenses are $2 million more than the park is expected to bring-in. Now,…
Oak View Group Reveals Company Is $2 Million Short for Dallas’ Fair Park
Oak View Group, the for-profit company managing Dallas’ Fair Park, revealed that its operating expenses are $2 million more than the park is expected to bring-in. According to Dallas’ Fox…
Vivid Seats Stock Tumbles After Analyst Downgrades
The stock for Vivid Seats (NASDAQ: SEAT) has taken a significant hit this week, on news that Wall Street analysts have slashed their outlook and price targets for the ticket…
Eventbrite Will Lay Off 100 Employees to Lower Costs
Global ticketing marketplace Eventbrite is making some changes to its staff this year. The company revealed that it is letting go of about 100 employees — or 11% of its…
Vivid Seats Reports Net Income Loss, Revenue Increase In Q2 Earnings
Ticketing marketplace Vivid Seats announced a $1.2 million net income loss alongside nearly $200 million in revenue during its Quarter 2 Earnings Report. The loss is down $38.3 million in…
Live Nation Reports $6 Billion Revenue Amid ‘Summer Concert Boom’
Live Nation Entertainment announced its Quarter 2 earnings this week, reporting yet another jump in revenue amid a “summer concert boom.” The entertainment giant’s second quarter revenues passed $6 billion,…