Ticket Evolution Acquired by Clearlake Capital, PrimeSport Founder
Clearlake Capital Group, L.P. and operating advisor Sam Soni announced their acquisition of ticket resale software system Ticket Evolution this week. The deal brings Mr. Soni back into the leadership of a ticketing firm, after he founded and served as CEO of PrimeSport, which was subsequently sold to On... Read more
Paris Olympics Organizers Plan $26 Minimum Price for 2024 Games
Olympics organizers for the 2024 games in Paris, France, have announced that the lowest price category of tickets will be available for 24 euros, or $26.50 at the current exchange rate. The price will apply to an estimated 1 million of the 10 million tickets that are expected to... Read more
WWE Announces Premium Hospitality Deal With On Location Experiences
On Location Experiences is getting into the wrestling business, announcing a deal with World Wrestling Entertainment (WWE) for hospitality packages to major events run by the promotion. The multi-year agreement makes WWE the latest large event operator to ink a deal with On Location, which markets itself as the... Read more
Report: NFL Owners Upping Stake in On Location Experiences
NFL owners have reportedly made the decision to dramatically increase their ownership stake in On Location Experiences, the hospitality company that controls much of the Super Bowl ticket market as well as many other high profile events. The Athletic reports that the league’s owners have decided to more than... Read more
Endeavor’s On Location Experiences Acquires Dynamic Pricing Leader Qcue
On Location Experiences has acquired the Texas-based ticket pricing software provider Qcue, it announced Tuesday. On Location hopes to put the Qcue expertise to work maximizing revenue on ticket sales for its clients, which include high profile events such as the Super Bowl and upcoming Olympics events among others.... Read more
Endeavor Acquires Majority Stake In On Location Experiences
Endeavor, the global sports and entertainment agency, has announced the acquisition of a majority stake in the premium hospitality company On Location Experiences for $660 million, SportsBusiness reports. The agency reportedly acquired two separate shareholdings for 33 percent each — one held by Redbird Capital and the other by... Read more
How the NFL Will Monopolize on the “Super Bowl Experience”
The Super Bowl has always been more than just a game, bringing in football-crazy crowds from all over the country to create a huge tourism event, and Super Bowl 52 will be no different – maybe, though, even more entertainment-inclusive. Billboard writes that, “when Dave Matthews performs his “The Night Before”... Read more