Event management and ticketing platform Eventbrite has announced the integration of new GPT-powered tools to help creators with time-consuming steps involved in event planning. The new features will be rolled out later this month, and will help event organisers with tasks such as the creation of event pages and email campaigns. Further AI (Artificial Intelligence) …
Eventbrite revenue surge aided by tech uptake
Eventbrite posted its best figures since the beginning of the pandemic as revenue surged during the first quarter of 2023. In a trading update for the three months to March 31, Eventbrite recorded revenue of $77.9m, which was up 39% on the $55.9m posted in Q1 2022 and a three-year high. Paid ticket volume was …
Eventbrite releases inaugural Corporate Responsibility Report
Eventbrite, a self-service ticketing, marketing and experience technology platform, has released its inaugural 2022 Corporate Responsibility Report. The report highlighted Eventbrite’s commitment to addressing climate change, diversity and inclusion, as well as other environmental, social and governance initiatives. Julia Hartz, Eventbrite co-founder and chief executive, said: “Eventbrite has always been guided by principles that elevate …
Eventbrite set to lay off roughly 8% of workforce
Ticketing service provider Eventbrite has said that it will lay off around 8% of the company’s workforce to cut costs. As reported by Reuters, Eventbrite is also planning to relocate about 30% of the remaining roles, including moving development roles to Spain and India from Argentina and the US. The company will also relocate nearly …
Eventbrite to refund those scammed by fake New Year’s Eve boat party
Ticketing platform Eventbrite has said it will refund those that were scammed into purchasing tickets for a non-existent New Year’s Eve yacht party just off Adelaide’s coastline. According to a report from ABC News, South Australia Police are investigating an incident which saw more than 100 people pay for tickets to the party which did …
Eventbrite holds steady – TheTicketingBusiness News
Event management and ticketing company, Eventbrite, has posted a steady third quarter. Net revenue amounted to $67.5m (£58m/€68m) compared to $66m in Q2 and $53m in the same period the year prior. Net loss totalled $21m compared to $20m in Q2 and $17m in Q3 last year. Adjusted EBITDA equalled $4m in Q3 as opposed …
People on the move: AEG Presents, Music Venue Trust and more…
We round up the latest movements from the ticketing ecosystem… TEG has announced that Toby Leighton-Pope will take on the role of managing director for the newly formed TEG Europe. Leighton-Pope will oversee the expansion of TEG Europe, which has amalgamated TEG’s UK-based live entertainment, ticketing, venue, digital and data operations. TEG Europe comprises TEG …
Eventbrite posts Q2 net loss but net revenue presents more positive picture
Event management and ticketing company Eventbrite has posted a net loss of $20.1m (£16.5m/€19.6m) during the second quarter of 2022. The figure is a slight improvement on the $20.5m net loss during the same period last year, but is an increase on the $18m net loss posted in Q1 of this year. However, the company’s …
People on the move: Project Admission, UrVenue and more…
We round up the latest movements from the ticketing ecosystem… Project Admission, a technology company that specialises in digital ticketing solutions for the sport and entertainment industries, has appointed former Nebraska Senator Bob Kerrey to its board of directors. Kerrey is currently the managing director of boutique investment bank, Allen & Company. He said: “I’ve …
Spotify introduces new live events discovery feature
Spotify has introduced a new Live Events Feed, which will replace the music streaming platform’s Concert Hub feature. Music fans will be able to see updates from their favourite bands, artists and creators on upcoming live events. The Live Events Feed will enable fans to discover live events near them and will be personalised to …