Event Ticketing Done Right
Live Nation shareholders have voted against chief executive Michael Rapino’s $139m pay package after rejecting executive compensation proposals. Around 54% voted against the pay plans for the group’s leader and other C-suite executives in a vote earlier this month. Rapino was slated to earn a $12m cash performance bonus for 2022 and stock awards of …
German racetrack and event venue Hockenheimring has named Vivenu as its exclusive ticketing partner. The racetrack, which has 120,000 spectator seats and attracts approximately 700,000 visitors annually, hosts major motorsports events as well as concerts and festivals. Hockenheimring said the deployment of a flexible, scalable, and secure solution will allow for the simplification of ticketing …
Live Nation is among the major organisations that have joined the new breakaway industry trade group Assoconcerti. Assoconcerti, which will be officially launched in September, has named Bruno Sconocchia as its first president just weeks after the leading Italian promoter failed in his bid to become head of existing group Assomusica’s president. Turin-based promoter Carlo …
European cinema saw box office takings rise by more than 50% last year, with over 800 million visits across the region. Data collated by the International Union of Cinemas (UNIC), the trade association representing cinema operators and their national associations across 39 European territories, found that box office reached €5.7bn during 2022-23, an increase of …
Music Venue Trust’s (MVT) campaign to assist the UK’s grassroots music industry has been given a significant boost after ASM Global became the first major arena operator to back its work. The charity, which represents and seeks to protect almost 1,000 grassroots music venues (GMVs), will benefit from donations, training and marketing support, with programmes …
Tim Chambers, a mentor, advisor and consultant within the international ticketing and live entertainment sectors, assesses the current state of the market and argues that post-pandemic, not every event can sell-out… Tim Chambers Despite bullish quarterly statements from various international congloms, the post-pandemic recovery of the live music industry has been a varied experience for …
SeatGeek has replaced AXS as the official ticketing supplier of the PGA of America’s top golf events. The exclusive six-year deal covers the PGA Championship, Senior PGA Championship, and Women’s PGA Championship, as well as the 2025 Ryder Cup. The partnership has kicked off immediately with ticket sales starting for 2024 PGA Championship pre-registrants. General …
Insurance provider Aviva has signed up as the naming-rights partner of the new Factory International arts and culture venue in Manchester, UK. Terms of the deal have not been publicly disclosed, but the Guardian reported that the multi-year deal is worth £35m. The facility, which will host a Yayoi Kusama exhibition as part of this …
Ticketmaster is urging fans of Taylor Swift to register their interest in tickets before they go on sale for the US singer’s newly scheduled international tour dates in an effort to avoid a repeat of the problems that scuppered initial sales on The Eras Tour. The 12-time Grammy winner has announced 50 new international destinations …
Croatian ticketing operator Entrio has expanded its operations in Eastern Europe by establishing a new platform for the market in Bosnia and Herzegovina. Entrio, which is based in Zagreb and also operates in Slovenia, has launched a franchise platform, Entrio.ba, in partnership with advertising sales company Imagis Doo. Since it was established in 2011, Entrio …