Lionel Messi’s impending move to Major League Soccer franchise Inter Miami has seen ticket prices for the team’s upcoming games soar. In a tweet, Inter Miami effectively confirmed the arrival of Messi and it is expected that the former Barcelona man will make his debut for the team on July 21 against Cruz Azul in the Leagues …
Vivid Seats stockholder Hoya Topco puts 16 million shares up for sale
Vivid Seats has announced the pricing of a secondary underwritten public offering of 16 million shares of the Company’s Class A common stock by stockholder Hoya Topco, at price to the public of $8 (£6/€7). The stockholder has also granted the underwriters a 30-day option to purchase up to an additional 2.4 million shares of …
Vivid Seats doubles earnings during strong start to 2023
Vivid Seats has raised its financial projections for the coming year after earnings more than doubled in the first three months of 2023. The ticket exchange platform, which is traded on the NYSE and NASDAQ, said marketplace gross order value (MGOV) was up 15% year-on-year to $855.5m during the three months to March 31. Vivid …
Cleveland Browns expands VIP hospitality offering
The Cleveland Browns is to offer fans new VIP gameday experiences through an expanded partnership with Vivid Seats. The online ticket marketplace becomes the NFL team’s official fan experience partner, building on a relationship that dates back to 2015. Among the highlights of the expanded partnership, starting next season, Browns fans will have the chance …
Vivid Seats slashes paper ticket usage in ESG push
Vivid Seats has seen a 79% reduction in paper and physical tickets over the last five years according to its inaugural environmental, social and governance (ESG) update. The Chicago-based company, whose partners include ESPN and the Los Angeles Clippers, has used its 2023 ESG Fact Sheet to outline recent and ongoing initiatives, its values, responsible …
Vivid Seats wraps up first full year as public company with increased revenues
Vivid Seats wrapped up 2022 with a 35% increase in revenues, as well as an improved net income compared to a COVID-19-interrupted 2021. The ticketing exchange and resale company posted $600m (£500m/€563m) in revenues across 2022 compared to $443m the year prior, while marketplace GOV amounted to $3.2bn compared to $2.4bn in 2021. Net …
Vivid Seats posts robust Q3
Ticket marketplace Vivid Seats has posted a robust Q3, which is up on a COVID-hit Q3 in 2021 but slightly down on Q2 in some areas. Revenues of $156.8m (£136.7m/€156.7m) demonstrate a 12% increase compared to $139.5m in Q3 2021 and is up on the $147.7m in Q2 this year. A net income of $18.7m …
Yankees tickets soar as search for record-breaking home run continues
Tickets to watch Major League Baseball (MLB)’s New York Yankees take on Boston Red Sox yesterday (Sunday) soared to $9,000 (£8,400/€9,400), as fans waited to see a 61st home run from Yankees player Aaron Judge. Judge did not quite reach the record-equalling 61st home run of the season, but tickets across various resale sites reached …
Vivid Seats becomes Bleacher Report’s official ticketing partner
Online marketplace Vivid Seats has partnered with sports media brand, Bleacher Report, as its official ticketing partner. Bleacher Report reaches over 175 million sports fans according to the brand, across its app, web and social channels. Vivid Seats will provide these fans with a ticketing service through the Bleacher Report app and website. As part …
Vivid Seats launches campaign focusing on 11th free ticket
Vivid Seats has launched an integrated campaign produced with creative agency 72andSunny LA, which highlights loyalty programme, Vivid Seats Rewards. Ticket marketplace Vivid Seats has launched an integrated campaign produced with creative agency 72andSunny LA, which highlights loyalty programme, Vivid Seats Rewards. The aim of the campaign is to connect Vivid Seats with the number …