Ticketmaster has released statistics about costs and percentages following fans’ anger over ticket prices for Bruce Springsteen’s tour. Last week, the first set of tickets went on sale for Springsteen’s US tour, with some Platinum seats costing almost $5,000 (£4,000/€5,000) for a mid-arena seat due to high demand from fans driving up the price. Ticketmaster …
Digonex links up with Vivaticket in dynamic pricing move
Digonex, a dynamic pricing solutions provider for the attractions and live entertainment industries, has launched a strategic alliance with Vivaticket. Vivaticket is an operator in the creation, production, marketing and management of integrated electronic ticketing and access control systems. Vivaticket clients will now have access to Digonex’s dynamic pricing services, meaning they will be able …
Smeetz raises $4m in Series A funding
Switzerland-headquartered Smeetz has today (Tuesday) announced it has raised CHF$4.1m (£3m/$4m/€4m) in Series A funding to grow and establish Dynamic Pricing in the attractions industry. Smeetz, a data-driven ticketing and dynamic pricing software supplier for attractions and cultural venues, will use the funds to develop its human resources and research and development departments. The round …
Vatic: The evolution of Dynamic Pricing
Sean Kelly, founder of Vatic, a provider of dynamic pricing tools for the performing arts and ticketing industries, accepts that this sales model gets something of a “bad rap”. But that doesn’t mean it’s not the right answer for many businesses in the live events sector. Kelly wrote his first pricing algorithm back in 2009 …
High theatre ticket prices could leave workers vulnerable
Broadcasting, Entertainment, Communication and Theatre Union (BECTU) head Philippa Childs has warned that expensive theatre ticket prices could deter audiences, leaving theatre workers vulnerable. Childs told The Stage: “When faced with soaring ticket rates amid the ever-increasing cost-of-living crisis, audiences will have little choice but to cut back on the expense of going to the …
Smeetz establishes operations in France
Switzerland-based Smeetz has launched operations in France and has appointed a new country manager to build a team and establish the company’s regional office. Smeetz is a data-driven ticketing and dynamic pricing software supplier for attractions and cultural venues, and is aiming to expand further in Europe. Jean-Marc Tillé has been appointed as the country …
Logitix extends Valero Alamo Bowl partnership
Live event ticketing company Logitix has recently renewed multiple long-term partnerships and reshuffled its management team. A three-year extension has been agreed for Logitix’s partnership with Valero Alamo Bowl, a National Football League (NFL) event due to take place in San Antonio in December. Logitix will work alongside organisers to provide technology and analytics throughout …