DEAG in M&A hunt as figures reveal 2022 resurgence

Deutsche Entertainment AG (DEAG) has confirmed “concrete talks with potential acquisition targets” in the ticketing space after a second-quarter surge in revenue capped an encouraging recovery in the first six months of this year. In revealing its figures for the first half of 2022, DEAG revealed that income had rocketed by 109% to €133.4m (£114.3/$133.8m) …

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 …