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
Vivid Seats Announces Executive Promotions in Product and Accounting
Vivid Seats has announced a pair of executive promotions, moving two vice presidents up to the C-level. Riva Bakal has been named the company’s Chief Product and Strategy officer, with Ted Pickus named Chief Accounting Officer. The appointments were announced by CEO Stan Chia Wednesday. “Over the past year... Read more
Capital One Entertainment Launches with Vivid Seats Partnership
Capital One announced the launch of an event ticket portal for eligible card holders, powered by tickets available through Vivid Seats‘ ticket resale exchange. The deal expands upon an already existing arrangement between the Chicago-based ticket resale marketplace (NASDAQ: SEAT) and the bank, which offers a cash back bonus... Read more
Vivid Seats Extends Official Ticketing Deal With ESPN
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
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
Vivid Seats Reports “Record” Q3 2021 Financial Results
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
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 $7.5 Million COVID Refund Class Action Settlement Approved
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 Settle White Label Refund Dispute With NYAG For $4.4 Million
Vivid Seats (NASDAQ: SEAT) has settled a dispute over refunds related to several major white label ticketing clients, agreeing to pay out $4.4 million in refunds to consumers in New York. The agreement, announced by New York Attorney General Letitia James Friday morning, stems from refunds that Vivid Seats’... Read more