It has been six months since the UK’s Competition and Markets Authority (CMA) approved Viagogo’s takeover of StubHub. It was agreed that for the deal to go ahead, the latter had to sell off its international business, which was snapped up by a venture capital group – Digital Fuel LLC. The CMA approved the deal …
StubHub entertains public listing idea
StubHub Holdings, which operates ticket resale platforms StubHub and Viagogo, is considering the idea of going public via a direct listing, according to media reports. Bloomberg reports that StubHub Holdings has filed paperwork with the US Securities and Exchanges Commission to pursue a direct listing. According to the report, the group is working with advisers …
2021 in review – March
In March, the long journey towards the approval of the Viagogo and StubHub merger by the UK Competition and Markets Authority (CMA) began, with the CMA stating it proposed to accept the deal. The $4.05bn merger between Viagogo and StubHub would be dependent on the selling off of all StubHub’s businesses outside of North America. …
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, …
Ticket touts have fraud conviction appeal dismissed
Adam Webb of FanFair Alliance has hailed a landmark decision to dismiss an appeal against conviction from two ticket touts, who made at least £11m (€13m/$14.6m) via websites such as StubHub and Viagogo. Peter Hunter and David Smith appealed against their February 2020 conviction for multiple counts of fraud. The pair had originally been found …