The Federal Consumer Prosecutor’s Office (Profeco) in Mexico has revealed that a judge from Mexico City has admitted a class action lawsuit against Ticketmaster and concert promoter OCESA. According to a press release from Profeco, the collective action is the result of multiple consumer claims that have accumulated since 2021, such as the unilateral cancellation …
2021 in review – September
September gave the England & Wales Cricket Board (ECB) and SecuTix a chance to reflect on one of the success stories of the year – the inaugural edition of The Hundred, a tournament that had been postponed from 2020. In spite of the uncertainties caused by the COVID-19 backdrop, half a million tickets were sold, …
Ticketmaster grows Latin America presence with Mexico and Chile launch
Ticketmaster is to launch in Mexico and Chile as part of plans to expand its footprint in the wider Latin America market. The move follows Live Nation Entertainment’s recent acquisition of OCESA Entretenimiento, a leading promoter in the region and owner of Ticketmaster Mexico. The new ownership structure will see Ticketmaster Mexico transition from a …
Live Nation Entertainment closes acquisition of OCESA
Live Nation Entertainment has completed its acquisition of a 51% controlling interest in Latin American promoter OCESA Entretenimiento. The acquisition was originally announced in July 2019, but Live Nation pulled out in 2020 due to the uncertainties caused by the COVID-19 pandemic. Live Nation had agreed to acquire a 40% stake in OCESA from Grupo …