Vivid Seats (NASDAQ: SEAT) and ESPN Enterprises, Inc. announced an extension of their existing ticketing partnership, which grants the ticket resale marketplace exclusive placement on the Disney-owned sports network’s websites and broadcasts. The multi-year deal extends Vivid Seats’ tenure as ESPN’s Official Ticketing Partner, a deal originally launched in 2017.... Read more
Vivid Seats Announces Purchase of Betcha Sports for $25 Million
Industry December 13, 2021
Vivid Seats has taken a step into the gambling world, announcing it has acquired Betcha Sports, Inc. Monday morning. The deal makes the ticket resale marketplace (NASDAQ: SEAT) the parent of Betcha, which is “a real money sports app with social and gamification features that enhance fans’ connection with... Read more
Concerns over COVID “Omicron” Variant Cause Live Nation Stock Drop
Industry November 29, 2021
A new variant of COVID has been deemed a “variant of concern” by the World Health Organization, sparking new fears of renewed restrictions on live event attendance and causing a sharp drop in stocks, including Live Nation (NYSE: LYV). The omicron variant has been detected in numerous countries since... Read more
Vivid Seats Reports “Record” Q3 2021 Financial Results
Industry November 15, 2021
Vivid Seats (NASDAQ:SEAT) had its first earnings report as a public company Monday, and reported “record-setting results” as the live entertainment industry continues to rebound from COVID. The report was the companies first since its merger with Horizon Acquisitions was completed this fall to bring the company public. “The... Read more
Vivid Seats to Announce Q3 2021 Financial Results November 15
Industry November 3, 2021
Vivid Seats (NASDAQ: SEAT) announced it would be unveiling its Third Quarter 2021 financial results on Monday, November 15 in the morning prior to the stock market opening. The results will be the first since the company went public last month in a merger with Horizon Acquisitions. Management will... Read more
Vivid Seats’ (NASDAQ: SEAT) proposed settlement of class action claims regarding its failure to issue refunds for tickets related to events cancelled due to the COVID-19 pandemic was approved Monday, paving the way for the disbursement of $7.5 million in funds to those impacted. The settlement was initially agreed... Read more
Vivid Seats is officially a public-traded company as of Tuesday morning, having closed its merger with Horizon Acquisition Corporation on Monday as planned. Vivid begins trading on the NASDAQ under the SEAT (Class A) and SEATW (Warrant) ticker symbols. “Today marks a major milestone for our company, our employees... Read more
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
