K-Pop agency SM Entertainment has revealed its support for a tender offer submitted by South Korean internet giant Kakao, which would see the company hold a 35% stake in SM. Yesterday (Tuesday) Kakao announced a tender offer to buy up to 35% of the company for 150,000 South Korean won (£96/€108/$114) per share. Kakao already …
Two dead following GloRilla concert
Two concertgoers have died following a concert from rappers GloRilla and Finesse2tymes in Rochester, New York. A woman was killed after sustaining injuries from a crowd surge, before Rochester Police Department confirmed that a second attendee had also died. The concert took place at Rochester’s Main Street Armory on Sunday. Police confirmed that 33-year-old woman …
Football Association of Wales partners with Tixserve
The Football Association of Wales (FAW) has partnered with digital ticket delivery solution, Tixserve, to provide digital ticketing at all FAW international games held at Cardiff City Stadium (pictured). The new Tixserve-powered Cymru Tickets app is currently being rolled out to FAW membership renewals to replace physical membership cards. Matchday ticketing, hospitality, membership and VIP …
People on the move: HomeTown Ticketing and more…
We round up the latest movements from the ticketing sector and associated industries. And on this International Women’s Day, we celebrate a key woman in the UK live music scene… Fiona Stewart (pictured left) is set to stand down as an executive board member of the Concert Promoters Association (CPA), after nine years in the role. …
Tech Stack: Transactions, streaming and dynamic pricing
Our weekly tech round-up from the world of ticketing and associated industries… Riskified improves transaction approval rates Mobile ticket marketplace app Gametime has selected software company Riskified and its machine-learning platform to accurately identify and approve legitimate orders. The platform will also block fraudulent attempts and protect Gametime against chargebacks. Due in part to implementing …
Eurovision grand final tickets sell out in 36 minutes
Tickets for the Eurovision Song Contest 2023 grand final sold out in just 36 minutes, with tickets for all shows also selling out an hour later. The tickets went on sale at midday for the nine live shows, which are set to take place at Liverpool’s M&S Bank Arena in May. Tickets for #Eurovision2023 have …
Vivid Seats wraps up first full year as public company with increased revenues
Vivid Seats wrapped up 2022 with a 35% increase in revenues, as well as an improved net income compared to a COVID-19-interrupted 2021. The ticketing exchange and resale company posted $600m (£500m/€563m) in revenues across 2022 compared to $443m the year prior, while marketplace GOV amounted to $3.2bn compared to $2.4bn in 2021. Net …
Extra Beyoncé concert sees Tottenham Hotspur Stadium breach licence
Tottenham Hotspur Stadium is in hot water after selling tickets to a licence-breaching fifth Beyoncé concert later this year. The North London venue, which has a capacity of 62,850, is allowed to host six concerts each year and already had tickets on sale for six shows, before Beyoncé announced an extra date. The Texan singer …
UEFA to refund Liverpool fans who attended Champions League final
UEFA, football’s European governing body, has announced that it will be implementing a special refund scheme for Liverpool fans affected by events in the lead-up to last year’s Champions League final against Real Madrid at the Stade de France in Paris. Refunds will be available to all fans with tickets for gates A, B, C, …
Atlantic Coast Conference taps Elevate to aid with ticketing optimisation
The Atlantic Coast Conference (ACC) has partnered with Elevate Sports Ventures to aid the league with business intelligence and analytics, revenue optimisation, ticket and experiential ticket package strategy, and sales and distribution. The partnership will also aim to advance the fan experience for the collegiate athletic conference. Elevate Sports Ventures’ Dynamic Pricing Partners will work …