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In 2010, it merged with Live Nation under the name Live Nation Entertainment.[2]. Ticketmaster.com receives 115.9 million monthly unique visitors on average. To accept or reject analytics cookies, turn on JavaScript in your browser settings and reload this page. Ticketmaster, the global leader in live event ticketing, today announced a part acquisition of Thai Ticket Major (TTM), headquartered in Bangkok, Thailand. TICKETMASTER UK LIMITED - Find and update company information Our support available to help you 24 hours a day, five days a week. Its first ticketed concert was Electric Light Orchestra, held at the University of New Mexico. [129][130][131] In 2008, Ticketmaster entered into an agreement with the National Football League (NFL) to manage its resale market on NFL TicketExchange. The service providers are re-designing their websites along with developing mobile applications to offer user-friendly booking experience. Engaging audiences through Reddit may reveal new opportunities. SME's reported revenue rose by nearly 24% to 1.38 trillion yen ($10.16 billion) and operating income rose nearly 25% to 263 billion yen ($1.94 billion) for the fiscal year 2022, making it the . To make the Ticketmaster weekly e-shot more relevant to the recipient, it is distributed to over 9 million subscribers and divided by location. Website ranking helps evaluate the value of a business . [26] In 2017, TicketWeb, Ticketmaster's self-service ticketing platform, acquired Strobe Labs, a marketing platform that allows users to market to fans through social media. One thing we know is that Upfront Ventures is a major investor that funds Ticketmaster. This continued expansion in Asia . Suppliers across the globe are opting for various measures to stay competitive in the emerging market. Everybody starts on a free plan, and you can stick to it forever. Fiscal Year Ended Dec 31, 2022. Ticketmaster Nederland is an Entertainment company located in The Hague, South Holland with $5.00 Million in revenue and 36 employees. [114] Following this, tickets were available on third-party resale platforms such as Viagogo, with a general admission standing ticket for the final, originally priced at 380, being sold for up to 11,800. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. [95], On December 9, 2022, the day of Bad Bunny's first concert of his World's Hottest Tour in Mexico City, an unprecedented number of tickets were cancelled, affecting a considerable group of concertgoers, whose tickets were confiscated and destroyed. Ticketmaster: Contact Details and Business Profile Annual Revenue $1.0-5.0B Agree? Event-related deferred revenue was $3.5 billion as of March 31, 2022 compared to $1.5 billion as of March 31, 2021. New and enhanced programming alternatives is expected to expand the industrys customer base and increase patronage for exhibitors. [24], One year after merging, Live Nation settled a previous class action lawsuit against Ticketmaster which alleged that the company had misled plaintiffs in its descriptions of delivery and processing fees. Ticketmaster - Funding, Financials, Valuation & Investors - CrunchBase The VIP package includes various benefits, such as premium food and beverages, back stage access, preferred seats, and VIP rest rooms. [113] Tickets for the contest's final sold out in 36 minutes, with the remaining available shows selling out around an hour later. Vimeo installs this cookie to collect tracking information by setting a unique ID to embed videos to the website. [122][128], Ticketmaster has been the ticketing provider for the National Football League (NFL), National Hockey League (NHL) and the National Basketball Association (NBA). [111], For the Eurovision Song Contest 2023 in Liverpool in May 2023, the European Broadcasting Union (EBU) and the host broadcaster BBC partnered with Ticketmaster. Moreover, Hollywood is a highly-touted entertainment industry in the U.S., due to which there is a higher demand for convenient modes of purchasing tickets. All rights reserved. TICKETMASTER SPORT LIMITED - UK.GlobalDatabase.com Live Nation has also reported an 8% increase in concert revenues in 2019, with its international fan count up by 11%. The online event ticketing market size was valued at USD 54.26 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 4.3% during the forecast period. 100%-off invitations: access paid products for $0, Statistics &Research for Tech Companies, Ticketmaster Revenue and Growth Statistics (2023). Supplemental Operational and Financial Information, First Quarter 2023 Live Nation Entertainment Earnings Conference Call. Their stock opened with $14.50 in its Nov 19, 1996 IPO. His tactics have earned him some foes, but even critics admit he has transformed the industry. The average monthly active Ticketmaster users are 115,900,000. Earnings Webcast. Knowing that every second there are 18 new transactions through Ticketmaster. Global Online Event Ticketing Market Size Report, 2025 Highlights (year-over-year) Revenue Up 10% for the Quarter to $3.2 Billion Operating Income Up 27% for the Quarter to $172 Million Adjusted Operating Income Up 23% for the Quarter to $319 Million 73 Million Concert Tickets Sold for 2019 Shows, Up Over 4 Million through mid-July Sponsorship & Advertising Committed Net Revenue Up 18% Year-to-Date Ticketmaster may also be known as or be related to Ticketmaster, Ticketmaster Corporation, Ticketmaster Entertainment Inc and Ticketmaster Entertainment LLC. Live Nation Entertainment (NYSE: LYV) is the world's leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, and Live Nation Media & Sponsorship. India is a lucrative market for movie-ticketing service providers as new movie releases result in long queues at theaters for advanced bookings. The new trend is adopted by event organizers for providing convenience and premium experiences to customers. In 2022, Ticketmaster has an average Monthly Active User (MAU) of 113.6 million users. Revenue $1.8 B Y, 2016 Company summary Overview Ticketmaster is a live event ticketing company. Then, there's Canada with a share of 5.28% of all tickets. The cookies is used to store the user consent for the cookies in the category "Necessary". Live Nation reports revenue growth in 2019 to $11.5bn - TheTicketingBusiness News All the latest entertainment ticketing ecosystem news from around the globe and up-to-the-minute media coverage from all the leading voices in the ticketing business industry, all in one place - curated and edited by TheTicketingBusiness team at Xperiology. [7] By 1985 the company had operations in the U.S., Canada and Europe. However, it does not generate profit the way many people believe! [106] He went on to release a live album, entitled All My Homies Hate Ticketmaster. On Ticketmaster.com, desktops drive 18.6% of visits, while 81.4% of visitors come from mobile devices. Ticketmaster, which is owned by the entertainment giant, has seen operating income rise by 15% and AOI by 11%. Ticketmaster is the largest global ticketing company in the world, operating in over 32 countries. North America is estimated to account for the largest market share over the forecast period, due to higher per capita income and increased proliferation of the Internet in countries such as the U.S. and Canada. Live Nation Entertainment Reports Second Quarter 2022 Results Ticketmaster's market capitalization has significantly grown since December 2022, when it was valued at $15.74 billion. Fans Say It's Their Hunger Games", "AOC demands Ticketmaster be dismantled after Taylor Swift ticket sale chaos", "Tennessee AG Investigating Antitrust Violations in Taylor Swift Ticket Presale", "Tennessee, North Carolina AGs Investigating Taylor Swift Ticket Presale", "Justice Department Said to Investigate Ticketmaster's Parent Company", "Taylor Swift slams 'outside entity' over ticket fiasco: 'I'm not going to make excuses for anyone', "Taylor Swift: 'Swifties' sue Ticketmaster over tour sale problems", "Hundreds of Tickets Canceled for Bad Bunny Concert in Mexico", "Final de la gira de Bad Bunny en Mxico opacada por boletaje falso; Ticketmaster ofrece reembolsos", "#AvisoImportante con respecto al concierto de @sanbenito (#BadBunny) en el @EstadioAzteca", "Ticketmaster deber reembolsar y dar 20% extra a fans de Bad Bunny afectados: Profeco", "Ticketmaster gets grilled: 6 takeaways from hearing over Taylor Swift concert fiasco", "Ticketmaster Plans to Blame Scalpers for Taylor Swift Debacle at Senate Hearing", "Taylor Swift concert fiasco leads to US Senate grilling for Ticketmaster", "Ticketmaster apologises for Taylor Swift tour sales fiasco", "DC organization protests against Ticketmaster and Live Nation outside US Capitol", "With Ticketmaster Lawsuit's First Hearing, Swifties Take to the Streets", "Zach Bryan drops surprise album 'All My Homies Hate Ticketmaster,' vows to combat high ticket prices", "Zach Bryan Wants to Burn Ticketmaster to the Ground", "Drake fans are the latest to hit Ticketmaster with a lawsuit following 'It's All A Blur' tour sale", "Ticketmaster facing lawsuit over Drake pricing now, too", "Drake fan files class-action lawsuit against Ticketmaster over inflated "Official Platinum" prices", "Eurovision 2023: Tickets for Liverpool sell out after huge demand", "Eurovision tickets website crashes moments before sale begins", "Eurovision final 2023 tickets sell out in 36 minutes", "Tickets: Eurovision Song Contest Grand Final - Live Show, Liverpool | Sat, 13 May 2023, 20:00 | Ticketmaster UK", "Eurovision tickets reselling for up to 12,000 as fans hunt for ways to attend contest", "Tickets for all 9 shows at this year's Eurovision Song Contest have now SOLD OUT", "Anger as fans say Coronation Concert ballot 'misleading', "Coronation Concert chaos after tickets sell out in minutes angering ballot holders", "Ticketmaster To Use Next-Generation Venue Software For The NFL", "Scottish Comic Beats Taylor Swift, Ed Sheeran in Ticketmaster UK Fan Vote For 'Ticket of the Year', "Ticketmaster Will Once Again Be the Official Ticketing Partner of SMG's UK Venues", "Taylor Swift announces massive 2018 'Reputation' tour", "Exclusive: Trans-Siberian Orchestra announces 20th-anniversary winter tour", "How to Buy Tickets to Broadway's Harry Potter and the Cursed Child Parts One and Two", "NFL, Ticketmaster renew partnership for at least $200M", "Guarding The Gates: NHL Signs Multiyear Extension Of Deal With Ticketmaster", "NBA Renews Ticketmaster Deal for Two Years", "StubHub Inks NFL Deal for Digital Tickets, Ticketmaster Integration", "New Tech Offerings This Year At The US Open", "Rogers Cup goes digital with Ticketmaster", "Wyndham Championship announces deal with Ticketmaster, new tier pricing", Scam Alert: Entertainment Rewards and Ticketmaster Consumerist, Hollywood Casino Amphitheatre (Maryland Heights, Missouri), Hollywood Casino Amphitheatre (Tinley Park, Illinois), TCU Amphitheater at White River State Park, https://en.wikipedia.org/w/index.php?title=Ticketmaster&oldid=1152102324, Entertainment companies based in California, Companies based in Los Angeles County, California, Entertainment companies established in 1976, CS1 Mexican Spanish-language sources (es-mx), Short description is different from Wikidata, Articles tagged with the inline citation overkill template from January 2023, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 28 April 2023, at 06:28. Employees 1.0-5.0K Agree? Necessary cookies are absolutely essential for the website to function properly. Ticket purchases through smartphones and tablets are expected to witness a CAGR of over 7.0% over the course of the forecast period. Ticketmaster's clients include venues, artists and promoters. The procurator of Office of the Federal Prosecutor for the Consumer, described on Twitter that the agency had already requested a report from Ticketmaster Mexico on what happened at the Estadio Azteca and asked affected consumers to formalize their complaints under the terms of the law. 2000 San Francisco California San Francisco Bay Area Private Subsidiary of viagogo Entertainment, Inc. Software, Internet & Computer Services Online Marketplace 7372 7373 NAICS listing http://www.stubhub.com/ Est. The fees from ticket sales can account for a large percentage of overall ticket costs and have received scrutiny from regulators, customers, and musicians for its fees. Ticketmaster's funding is not shown to the public. These cookies ensure basic functionalities and security features of the website, anonymously. The word "Ticketmaster" was trending number one worldwide on various social media platforms such as Twitter and TikTok. Free business intelligence platform with subscription, 4. The U.S. is estimated to witness significant growth over the next few years due to the greater presence of the tech-savvy population in the country with growing disposable incomes. Annual Reports :: Live Nation Entertainment (LYV) Customers can compare prices, service features, and after-sale service facilities, further boosting adoption. Revenue Up 44% to $16.7 Billion 125% Operating Income Up 125% to $732 Million 49% AOI Up 49% to Over $1.4 Billion $1.8B Operating Free Cash Flow Up 3.9x to $1.8 Billion $967M Adjusted Free Cash Flow Up 94% to $967 Million, Converting 69% of AOI *Compared to 2019 For complete information regarding our financials, see our periodic filings online dashboard trial. You've rejected analytics cookies. RT=Real-Time, EOD=End of Day, PD=Previous Day. PDF. [22] This consent decree was extended in 2020 by an additional five years, and that the company acted in violation of the terms of the 2010 agreement. Tickets are sold through Ticketmaster at a rate of roughly 18 times per second, with a face value of $202 on average. What is the annual revenue of Ticketmaster Nederland? Increased proliferation of the Internet and the growing trend of usingmobile applications for booking movies, sports, and live event tickets online are expected to impact growth. Economists worried these laws would harm competition, but Moriarty expressed the need to reduce corrupt scalpers and counterfeit tickets. [5][6], In 1982, Fred Rosen was appointed CEO of Ticketmaster and moved the company to Los Angeles to be closer to the live entertainment industry. Annual return made up to 13 November 2015 with full list of shareholders Statement of capital on 2015-11-23 Prominent sports events such as the National Football League (NFL), the FIFA World Cup, the Olympics Games, ICC Cricket World Cup, and the Premier League (PL) have a massive fan following. Ticketmaster - Wikipedia [132] Ticketmaster has also partnered with the United States Tennis Association,[133] Tennis Canada,[134] and the PGA Tour.[135]. Find out why thousands of people are moving to SignHouse for their digital signatures! All the latest entertainment ticketing ecosystem news from around the globe and up-to-the-minute media coverage from all the leading voices in the ticketing business industry, all in one place curated and edited by TheTicketingBusiness team at Xperiology. Ticketmaster provides ticketing services in 31 countries and in 2019 delivered 115 million tickets internationally. Ticketmaster's peak revenue was $16.7B in 2022. The rapid growth of Internet users across the globe has provided bright prospects for e-marketers. This website is secure and your personal details are safe. Ticketmaster.com gets most of its social media traffic from YouTube, followed by Facebook and Twitter (Desktop). [23], In May 2013, Ticketmaster agreed to pay up to $23 million for enrolling customers into a rewards program that charged $9 per month. Ticketmaster's revenue growth from 2010 to 2022 is 229.43%. //]]>. Various media outlets reported that both the Democrat and Republican senators "grilled" Ticketmaster's representative, Joe Berchtold, the company's chief financial officer. Thank you! [26] The same year, the company acquired Universe, a DIY ticketing platform. [99], On January 24, 2023, a three-hour hearing by the Senate judiciary committee,[100] titled "That's the Ticket: Promoting Competition and Protecting Consumers in Live Entertainment", to analyze "the long-simmering dissatisfaction over the 2010 consent decree governing the merger of Ticketmaster and Live Nation", was held at 10:00 am EST in the Hart Senate Office Building, Washington, D.C.[101] The hearing was telecast live.
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