RedBall Acquisition Corp and SeatGeek have announced today (Wednesday) that the companies have mutually agreed to terminate their business combination agreement, and plan of reorganisation, with immediate effect. The special purpose acquisition company (SPAC) and ticketing platform SeatGeek first announced the business combination, which was designed to take SeatGeek public, in October last year. In …
Strong fourth quarter for SeatGeek caps off ‘record 2021’
Mobile-focused ticketing platform SeatGeek has announced record figures for the fourth quarter of 2021, and has said that its business combination agreement with RedBall Acquisition Corp is set to be completed in May. For the three months ending December 31, 2021, SeatGeek posted a net revenue of $82.5m (£63m/€76m) up from $56.8m in the three …
2021 in review – October
Sustainability has been one of the buzz words of the year in live entertainment circles – even with the biggest names in the industry. British band Coldplay announced that its global stadium tour to accompany the new album, Music Of The Spheres, would adopt a series of green initiates. Coldplay hopes that its measures will …