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SEGG Media Takes Majority Stake in $10 Million Acquisition of Concerts.com and TicketStub.com
Globenewswire· 2025-07-23 13:43
The Future of Ticketing, Streaming, and Events — Live Now and Ready to ScaleFORT WORTH, Texas, July 23, 2025 (GLOBE NEWSWIRE) -- SEGG Media Corporation (NASDAQ: SEGG, LTRYW) (“SEGG Media” or the “Company”), a leading technology company transforming the global intersection of sports, entertainment and gaming today announced that it has completed its acquisition of a majority and controlling interest in DotCom Ventures Inc (“DVI”) which owns the Concerts.com and TicketStub.com brands. The transaction placed a ...
2025年中国演唱会票务市场分析:针对黄牛倒票行为和票务平台退款问题整治不足
Qian Zhan Wang· 2025-07-16 05:10
Core Insights - The Chinese concert ticketing market is experiencing rapid growth, with ticket sales expected to exceed 26 billion in 2024, representing a year-on-year increase of 78.1% [4] - The secondary ticket market plays a crucial role in redistributing ticket resources, providing additional purchasing avenues for consumers unable to secure tickets through primary sales [1][2] Group 1: Market Dynamics - The ticketing market consists of a primary market with fixed pricing and a secondary market characterized by dynamic pricing, allowing for price fluctuations based on demand [1][2] - The secondary market enhances consumer satisfaction and market vibrancy by addressing supply-demand imbalances, particularly for popular events [1] Group 2: Industry Growth - The concert ticketing market is projected to grow significantly, with the number of attendees surpassing 29 million in 2024, marking a 45.0% increase year-on-year [4] - Major ticketing platforms like Maoyan and Damai are reporting substantial growth in gross merchandise volume (GMV), with Maoyan's concert ticketing GMV increasing by approximately 90% and Damai's revenue reaching 2.057 billion, up 236% [5][7] Group 3: Regulatory Challenges - Despite regulatory efforts to curb ticket scalping and refund issues, challenges remain, with reports indicating that publicly available tickets for some concerts are less than 50% of total ticket sales [9] - The 2023 regulations mandate real-name ticket purchases and entry, but enforcement and compliance issues persist, leading to ongoing consumer complaints [9][11] Group 4: Consumer Complaints - The primary complaint in the online ticketing sector is related to refund issues, accounting for 56.94% of complaints, followed by unfair terms at 19.44% [11][14] - Recommendations include improving legal frameworks for refunds, enhancing consumer awareness of rights, and increasing penalties for scalping to maintain market order [14]
鹿晗演唱会售票现BUG,大麦深夜致歉
新华网财经· 2025-06-30 09:31
图片来源:视觉中国 6月29日,本该是鹿晗西安站演唱会门票开售日。不少网友在大麦抢票时发现,原定18:07为优先权购 票、19:07为普通场次抢票,但普通场次抢票时段仍仅开放优先权通道。普通用户点击后显示"无抢票特 权",导致无法购票。而部分用户未计划在西安场使用优先权,却因系统BUG被迫消耗唯一特权资格 (每个账号仅一次),影响后续场次抢票机会。 西安站原定6月2 9日开票。图片来源:大麦 对于上述问题,昨日深夜,大麦通过官方微博发布关于"鹿晗西安站演唱会公开售票未能正常开启"情况 说明,并致歉。 文中称,本次巡演主办方为曾购买过2023年鹿晗巡演的歌迷发放了优先购票权益。但因大麦工作人员对 优先权购票的时间配置错误,导致鹿晗西安站演唱会公开售票阶段(原定2025年6月29日19:07开始)未 能正常开启。 经过与主办方沟通,大麦将对6月29日鹿晗西安站19:07后的购票订单做如下处理: 1. 所有19:07之后的6731笔订单(合计8128张票),平台将全部做退票退款处理; 2. 所有19:07之后抢票成功的用户,大麦补偿97折券一张,在鹿晗本轮中国内地巡演中均可使用; 3. 所有19:07之后抢票成功的 ...
火车票代售点现在还有吗?济南仍有13个官方代售点
Qi Lu Wan Bao· 2025-06-06 08:19
这名网友分享了自己购票经历,因为网友要带七个月的婴儿乘高铁回老家,想买高铁无障碍车厢的第一排或最后一排座位。所以做了代售点高铁买票攻略, 看看到底能不能指定车厢、指定座位买票。 齐鲁晚报·齐鲁壹点 李牧青 现在若说起买票,旅客们首先想起的是12306APP。若有人提起火车票代售点,很多人会问:现在还有吗?近期,在各大社交平台,有不少网友分享了自己 在火车票代售点的购票经历。 网友:火车票代售点真的存在即合理 你去过火车票代售点排队购票吗?近日,一位网友在小红书分享了自己在火车票代售处购买到心仪铺位的经历,一瞬间引起了不少网友的回忆和共鸣。还有 网友惊呼:"这个时代还有火车票代售点?居然还营业!" 网友实践的结论是:线下的火车票代售点,可以在电脑上搜索并下单高铁的班次、车厢、甚至具体到某个位置,比如可以指定买到8车厢的1排ABC座位, 每张票5元手续费。 有网友表示,"十几年前就在火车票代售点排过队,全都是回忆。"也有网友认为,留下一部分火车票代售点,是社会留给老人应有的尊重和温柔。 客源以老年人为主,网点服务更细致 6月6日,齐鲁晚报·齐鲁壹点记者在与山东中铁国旅工作人员的交流中获悉,以济南市共青团路10号的 ...
Vivid Seats (SEAT) FY Conference Transcript
2025-06-04 15:20
Vivid Seats (SEAT) FY Conference June 04, 2025 10:20 AM ET Speaker0 Excited to have Vivint Seat's CEO, Stan, and CFO, Larry, back to present. I see my compliance officer here, so I have to tell you to view our website for all disclosures. How'd I do? Good? Alright. So Vivint Seat's a high level, is an online marketplace for secondary tickets primarily outside of their Vegas.com platform, which I'm sure Stan and Larry will talk about. We're gonna do a little bit of hybrid format here. We're going to do an ov ...
大麦网回应老年机号抢到演唱会门票:并没有新号优待政策
Xin Lang Cai Jing· 2025-05-30 09:00
Group 1 - The news highlights a viral incident where a grandfather successfully purchased concert tickets for a popular artist using a newly registered account, raising questions about the advantages of new accounts in ticket purchasing [1][2] - According to the ticketing platform, all accounts have equal chances during ticket sales, and factors such as network, luck, and device performance play a significant role in the success of ticket purchases [1][2] - The concert ticket market has been booming, with many fans expressing frustration over the inability to secure tickets for popular events [2] Group 2 - Damai.com, established in 2004, is a comprehensive ticketing platform in China covering various live entertainment sectors, including concerts, theater, and sports events [3] - Alibaba Group fully acquired Damai.com in March 2017, integrating it into its cultural and entertainment strategy, and rebranding it under the Alibaba Cultural Entertainment Group [5] - In the fiscal year 2025, which is the first complete fiscal year post-acquisition, Alibaba Pictures reported revenues of 6.702 billion yuan, a 33% year-on-year increase, with adjusted EBITDA of 809 million yuan, up 61% [5] - With the growth of the offline performance market, Damai.com achieved 1.23 billion yuan in segment revenue during the reporting period, making it the most profitable segment for Alibaba Pictures [6] - Damai.com has been expanding its business upstream, accumulating six content brands covering various entertainment formats, including concerts, music festivals, and theater [6]
大麦,何以“吃了”阿里影业?丨消费参考+
21世纪经济报道记者 贺泓源 北京报道 电影巨头们似乎都不想搞电影了,电影概念已经从小甜甜变成了牛夫人。 近日,阿里影业就表示,其将更名为大麦娱乐。从愿景上,阿里影业要变成现实娱乐平台。这是一种更强调现场体验、互动体验和沉浸体验的娱乐方式。 这听起来几乎与电影没有关系。 今天,我们就来盘点一下,大麦为何能够"吃下"阿里影业? 首先,从业务来看,大麦确实对阿里影业越来越重要了。在2023年末,阿里影业完成了对大麦的收购。在2025财年(2024年4月-2025年3月),大麦营收 20.57亿元,同比增长38.8%,相较并表收入同比增长235.8%;2025财年,大麦实现分部业绩 12.30 亿元,相较并表分部业绩同比增长338.5%。 作为对比,阿里影业的电影业务处于下滑态势。2025财年,该板块业务收入27.12 亿元,同比下滑10%;分部业绩为0.73亿元,同比下滑91%。 当然,也要明确,截至目前电影依旧是阿里影业最大业务板块。 第二点,从行业地位来看,大麦也要高于淘票票。 大麦在演出票务行业,独处第一梯队。比如,大麦对头部明星演唱会覆盖率接近 100%。2025财年内,大麦服务了张杰、周杰伦、孙燕姿等多 ...
Eventbrite (EB) FY Conference Transcript
2025-05-14 20:40
Eventbrite (EB) FY Conference Summary Company Overview - Eventbrite is a leading ticketing platform aiming to evolve into a marketplace for experiences, leveraging two decades of experience in cultivating relationships on both supply and demand sides [4][5][6]. Core Points and Arguments Marketplace Transformation - The transition to a marketplace is seen as a natural progression for Eventbrite, with significant upside potential due to existing strong brand recognition and traffic of 90 million unique users [4][5]. - The relaunch of the brand and app is expected to drive user engagement and demand generation, enhancing the platform's ability to serve creators [5][6][14]. Competitive Landscape - Eventbrite holds approximately 14% of the $28 billion global mid-market events gross bookings, with a fragmented competitive landscape where no single competitor dominates [16][19]. - The company is positioned as the second most trafficked site after Ticketmaster, indicating strong market presence [20]. Industry Growth - The live experiences market is expected to continue growing, driven by increasing consumer interest in human connection and live events [17][18]. - The company anticipates that the market will benefit from tailwinds, suggesting a positive outlook for growth [18]. Financial Discipline and Cost Management - Eventbrite is focused on maintaining operational discipline and controlling expenses, with a goal to return to growth without relying heavily on performance marketing [10][12][55]. - The company aims to grow revenue faster than operating expenses, with a focus on margin expansion through efficient cost management [56]. Revenue Components - Marketplace revenue, which currently makes up about 8% of total revenue, includes premium subscription services and advertising, with advertising expected to become the largest component over time [36][37]. - The take rate is expected to increase as the company grows volume and market share, although the timing and extent of this increase will be carefully managed to maintain positive relationships with creators [47][48]. Creator Engagement and Recovery - The company experienced a loss of creators due to the introduction of organizer fees, which have since been reversed. Efforts are underway to win back lost creators through product enhancements and targeted outreach [25][26][27][30]. - The sales team is expected to play a crucial role in re-engaging creators and driving growth in paid ticket volume [34][35]. Capital Allocation and Financial Position - Eventbrite has $551 million in cash, with $241 million available for liquidity after accounting for creator payables. The company is positioned to manage its debt effectively while exploring non-dilutive financing options [58][60][62]. - The focus is on balancing the cost of debt with the flexibility it provides, with potential share buybacks considered once financial stability is demonstrated [62][63]. Other Important Insights - The company is optimistic about the potential for increased awareness and interest in live experiences, particularly with competitors like Airbnb entering the space, which could benefit Eventbrite [24]. - The emphasis on community features and user engagement within the app is seen as critical for driving demand and enhancing the overall user experience [14][15]. This summary encapsulates the key points discussed during the Eventbrite FY Conference, highlighting the company's strategic direction, market positioning, and financial outlook.
Vivid Seats Announces 2025 WNBA Loyalty Report
Globenewswire· 2025-05-13 12:29
Core Insights - The WNBA is experiencing a significant rise in fan interest and ticket demand, with a 49% year-over-year increase in average ticket prices, indicating a growing relevance and reach for women's basketball [2][3] Ticket Demand and Pricing - The average ticket price for WNBA games has increased by 49% year-over-year, reflecting heightened demand for women's basketball [2] - The most in-demand tickets for the 2025 season include the WNBA All Star Game priced at $533, followed by the Indiana Fever's game against the Golden State Valkyries at $519 [5][7] Fan Engagement and Travel - Fans are traveling an average of 346 miles to attend WNBA games, which is a 12% increase compared to the previous year [3] - The Las Vegas Aces lead the league in average travel distance, with fans traveling an impressive 578 miles to see them play [10][14] Team Popularity - The Indiana Fever have emerged as the most favored team in the U.S., dominating in 13 states, followed by the Las Vegas Aces in 8 states and the Connecticut Sun in 6 states [6][8] - The Indiana Fever are featured in four of the top five most in-demand games for the 2025 season, highlighting their strong fan engagement [4][6] Impact of New Talent - The Dallas Wings experienced a 920% spike in website traffic after winning the 2025 WNBA Draft Lottery and selecting Paige Bueckers as the No. 1 overall pick, indicating a significant boost in fan interest [9] - The average ticket prices for Dallas Wings games have increased by 74% year-over-year, showcasing the impact of new talent on franchise popularity [9]
Eventbrite(EB) - 2025 Q1 - Earnings Call Transcript
2025-05-08 22:02
Eventbrite (EB) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Megan Manaster - Investor RelationJulia Hartz - Co-Founder, Executive Chairman & CEOAnand Gandhi - CFORyan Powell - Senior Equity Research AssociateHamed Khorsand - PrincipalDae Lee - VP - Equity Research Conference Call Participants Cameron Mansson-Perrone - Analyst Operator Good day, everyone, and welcome to the Eventbrite, Inc. First Quarter twenty twenty five Earnings Conference Call. At this time, all participants have ...