Barcelona music festival Primavera Sound has completely ditched paper ticketing. The move comes as a way to combat bots and scalping. The BBC reports that Primavera Sound is the first major music festival to move to mobile-only ticketing. The festival …
Category archives: ticketing
Ticketing Exchange Platform Lyte Adds $15M In Funding
San Francisco based ticket exchange platform Lyte has secured $15 million in Series A financing to drive the development of the platform and scale operations. Jackson Square Ventures was joined by Industry Ventures, Accomplice Ventures, and Correlation Ventures to close Lyte’s latest funding round, alongside entertainment and technology industry insiders…
‘Post-Primary’ Ticketing Exchange Lyte Scores a $15 Million Round
Lyte, a ‘post-primary’ ticketing platform, has raised $15 million in Series A financing to fix the secondary market. If secondary ticketing is indeed broken, Lyte says they’re gonna fix it. The ‘post-primary’ ticketing platform (guess secondary is a d…
Ticketmaster Formally Apologizes to Billie Eilish Fans Over Its Presale Meltdown
Ticketmaster issued a written apology to Billie Eilish fans over a presale snafu. Presale tickets went on sale yesterday through the Verified Fan program. The program aims to offer early access to tickets to dedicated fans at a ‘fair price’ — however d…
Silver Lake Acquires Australia’s TEG — With Big Plans to Broaden the Operation
Earlier today (October 4th), Silver Lake, which is a technology investment company based in Silicon Valley with more than $43 billion assets under management, acquired TEG, which is one of Australia’s largest ticketing and live performances companies. …
Silver Lake Acquires Concert, Ticketing Giant TEG
US investment firm Silver Lake Partners has signed a definitive agreement to acquire TEG, the Australian and Asian Pacific concert promoter and ticketing giant from funds advised by Affinity Equity Partners. TEG’s senior management team, including CEO Geoff Jones, will continue to run the company and remain equity partners. Terms…
Tegan & Sara Strike Back Against Secondary Ticketing Sites — By Selling Open Seats
Tegan & Sara experimented with selling empty seats at a ‘sold out’ event on a pay-what-you-want basis. The duo announced the experiment as a way to combat ticket touting. In a post on Facebook, the artists detailed how they handled the experiment. …
Lyte Empowers Fan-Friendly Ticket Resale
Lyte is on track to secure $100 million in North American event ticket reservations in 2019. The platform empowers fans to return their tickets to live events and join an event’s reservation list to get authentic tickets at a fair price while giving artist, promoters and venues more control of…
The Black Keys Refuse to Apologize to Hundreds of Fans Who Bought Tickets and Couldn’t Get Into Their Tour-Opening Show
The Black Keys punished hundreds of fans who purchased tickets from secondary ticketing sites to their opening show in LA. The scene at LA’s Wiltern Theatre last Thursday was one of chaos mixed with anger and disappointment. Fans paying hundreds of do…
AEG Acquires 100% Ownership Over AXS Tickets
AEG has moved from stakeholder to 100% owner of AXS Tickets. The deal comes after fellow co-owners of AXS — Rockbridge Growth Equity and TPG Capital — negotiated the sell-off to AEG, which previously owned 38% of the company. The deal comes ahead of a …