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StubHub Goes Public on the NYSE, Shares Drop Below IPO Price
Bloomberg Technology· 2025-09-17 17:24
Business Focus & Strategy - The company aims to simplify access to live events, integrating primary and secondary ticketing experiences [2][3] - The company is partnering with entities like the Yankees and Major League Baseball to enhance ticket distribution [3] - The company views AI as a significant opportunity to improve product offerings, increase revenue, and reduce costs [7][8] Regulatory Landscape - The industry faces regulatory scrutiny regarding pricing transparency and open ticket distribution networks [4][6] - The company has advocated for all-in pricing, which has been passed at the federal level [5] - The Justice Department is examining the primary issuance of tickets to ensure fan-friendly networks [6] Future Outlook - The company is optimistic about the future of live events and its position at the intersection of technology and live experiences [5] - The company believes its data leadership and scale provide limitless potential [9]
Vivid Seats Named Official Fan Experience Partner of the Chicago Bears
Globenewswire· 2025-08-20 12:30
Core Insights - Vivid Seats Inc. has announced a multi-year partnership with the Chicago Bears, becoming the Official Fan Experience Partner of the NFL franchise [1][4] - The collaboration aims to enhance the gameday experience for fans at Soldier Field, offering exclusive experiences beyond just ticket access [2][4] Company Overview - Vivid Seats is a leading online ticket marketplace founded in 2001, focused on connecting fans with live events, artists, and teams [7] - The company emphasizes exceptional value and a wide selection of events and tickets in North America, along with a rewards program for customers [8] Partnership Details - The partnership includes the introduction of the Vivid Seats Fan Experience Skydeck, located above the North End Zone at Soldier Field, providing a vibrant social space for fans [3][4] - Fans will have access to VIP pre-game field opportunities and the exclusive Skydeck, which features bar-top tables, private concessions, and panoramic views [2][3] Branding and Marketing - Vivid Seats will receive prominent branding at Soldier Field, including LED signage and exclusive activation in the Skydeck [4] - This partnership expands Vivid Seats' existing relationships with other NFL teams, including the Los Angeles Chargers and Indianapolis Colts [4]