Ticketmaster/Live Nation Slammed in Extraordinary Senate Hearing
Ticketmaster and its parent Live Nation were under heavy fire on Tuesday, as its president and CFO Joe Berchtold was forced to answer withering questions from the Senate Judiciary Committee at its hearing examining the ticketing and live events industry in Washington, D.C. The hearing, which was scheduled in... Read more
Live Nation, SeatGeek, Antitrust Inst. Heads Scheduled for Hearing
Live Nation Entertainment President and CFO Joe Berchtold will represent the entertainment giant in Washington on Tuesday morning as the Senate Committee on the Judiciary holds its hearing on the live entertainment and ticketing business. “That’s the Ticket: Promoting Competition and Protecting Consumers in Live Entertainment” is scheduled for... Read more
LinkedIn, WNBA Executives Anchor SeatGeek’s Post-Merger Board
With SeatGeek’s planned merger with RedBall Acquisition Corp (NYSE: RBAC) expected to close this quarter, the company announced its post-merger Board of Directors. Included in the company’s leadership group are co-founders Russell D’Souza and CEO Jack Groetzinger, as well as executives with experience from companies including Linked-In, Kayak.com, and... 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