ToplineTicketmaster said it would bar users and ticket brokers from making multiple accounts, require resellers to use taxpayer ID verification and deploy AI tools for “faster assessment and cancellation of bot-purchased tickets” amid a Federal Trade Commission lawsuit accusing the platform of scheming with resellers to jack up prices.The Federal Trade Commission sued Ticketmaster and Live Nation last month. (Photo by Jonathan Raa/NurPhoto via Getty Images)NurPhoto via Getty ImagesKey FactsIn an attempt to ...

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team covers key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers news and insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]

The Supreme Court has declined to hear Live Nation’s appeal in a consumer antitrust case.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The justices let stand an appeals court decision which had found that the tic ...

Toronto, Ontario--(Newsfile Corp. - September 29, 2025) - 'Inside the Boardroom' is more than just an interview series - it's a chance to gain firsthand knowledge from industry leaders, understanding their vision, challenges, and strategy.Meet the Executive Shaping the Tech LandscapeWe caught up with Evan Gappelberg, CEO of Nextech3D.AI (OTCQB: NEXCF) (CSE: NTAR) (FSE: 1SS) to discuss the company's dramatic 500% stock surge over six months and their strategic pivot into blockchain ticketing technology. Gap ...

Summary of Damai Entertainment Holdings (1060.HK) Conference Call Company Overview - **Company**: Damai Entertainment Holdings - **Ticker**: 1060.HK - **Market Cap**: HK$32,266 million (US$4,150 million) [5] Key Industry Insights - **Industry**: Online ticketing and entertainment - **Competitors**: Maoyan, Meituan, Weixin - **Market Share**: Maoyan holds a 60% market share in movie ticketing [3] Core Points and Arguments 1. **New Entry Point on Taobao**: - Damai has established an entry point through the Taobao Shangou tab, allowing users to purchase movie and offline performance tickets [1][2] - Taobao Quick Commerce reported 300 million monthly active consumers as of August 2025, indicating significant traffic potential for Damai [1][2] 2. **User Behavior**: - For music concert tickets, users are still expected to use the Damai app due to high demand, suggesting a strong brand loyalty and demand for its services [2] 3. **Traffic Support**: - The integration with Taobao is expected to enhance Damai's competitive position against Maoyan, which benefits from traffic from Meituan and Weixin [1][3] 4. **Growth Metrics**: - Damai's monthly active users (MAU) reached 45 million in August 2025, a 17% year-over-year increase [2] - Taobao's MAU was reported at 986 million, growing 7% year-over-year [2] 5. **Future Catalysts**: - Anticipated positive developments include new IP cooperation and the opening of the first Chiikawa official store in Shanghai on September 27, 2025 [1][8] 6. **Valuation and Target Price**: - Citi maintains a Buy rating with a target price of HK$1.40, representing a potential return of 29.6% from the current price of HK$1.08 [5] Risks and Challenges 1. **Market Share Pressure**: - Potential risks include increased competition in the movie ticketing space and pressure on market share [16] 2. **Content Performance**: - There is a risk that movie content performance may be softer than expected, impacting ticket sales [16] 3. **Macro Environment**: - Continued softness in the macroeconomic environment could weigh on entertainment consumption [16] 4. **Regulatory Risks**: - Content censorship could impact the launch of new content, posing a risk to revenue generation [16] Additional Insights - **Investment Sentiment**: - Damai's stock has faced pressure due to market reactions to its overseas music concert business investments and the overall softness in the IP sector [4] - **IP Business Potential**: - There is a belief that Damai's IP business potential has not been fully realized, indicating room for growth [4][8]

Core Insights - StubHub recently completed its Initial Public Offering (IPO), raising $800 million at a share price of $23.50, which values the company at approximately $8.6 billion [3] - The stock is currently trading below its IPO price at $18.46, raising questions about its investment potential [3] Financial Performance - For the first half of 2025, StubHub reported revenue of $827.9 million, reflecting a modest 3% year-over-year increase, indicating slowed growth [6] - The company incurred a net loss of $111.8 million during the same period, highlighting its lack of profitability [6] - Operating cash flow was reported at $117.6 million, with free cash flow exceeding $100 million [6] Market Position and Risks - StubHub operates in a discretionary spending market, making it vulnerable to economic fluctuations that could impact demand for live events [7] - The company faces challenges related to trust in ticketing, including issues with fake listings and undisclosed fees [7] - Regulatory changes, such as the FTC's prohibition on "junk fees," may negatively impact short-term revenues [12] - Competition from other platforms like Ticketmaster, SeatGeek, and Vivid Seats poses a threat to StubHub's market share [12] Growth Opportunities - The secondary ticketing market is projected to grow by 8-11% annually through 2029, driven by strong demand for live events [12] - The trend towards valuing experiences over material goods may benefit StubHub [12] - Global expansion opportunities exist, particularly in the Asia-Pacific region, where income levels and mobile technology adoption are increasing [12] - Technological advancements in pricing, fraud prevention, and ticket transfer processes can enhance consumer trust and conversion rates [12] - The IPO funds provide StubHub with the financial resources to reduce debt, invest in technology, and scale operations aggressively [12]

Industry Overview - The music industry has shown significant growth, with a 26.5% increase in the music global industry ETF this year, outperforming major indices [13][15] - Global music revenues are projected to reach $200 billion by 2035, with paid streaming subscribers expected to double from 800 million to 1.6 billion [16] Ticketing Concerns - Ticketmaster and Live Nation face allegations of unfair practices, with the FTC suing Ticketmaster for violations of the Bots Act, potentially leading to penalties of around $53,000 per infraction [5][6] - The issue of ticket affordability is highlighted, with examples such as Taylor Swift's tickets selling for $24 at face value but reaching up to $2,000 in the secondary market [4][10] Streaming and Content - Streaming services like Spotify are becoming increasingly prioritized as consumers seek affordable entertainment options, with Spotify's stock rising 100% over the last 12 months [15][21] - Music is considered undervalued and undermonetized, with a significant demand for streaming services, which are growing at rates of 10-15% in the U.S. and up to 50% in some markets [21][22] AI Impact - The music industry is currently facing challenges related to AI, with two bills in Congress addressing copyright issues and the use of AI to replicate artists' voices [25][26] - While AI poses some risks, it also presents opportunities for creating new music, with the potential for significant benefits if managed with consent and proper compensation [29][30]

Shares of Intel have rocketed higher following news Nvidia plans to invest $5 billion in the company. (Photo by Justin Sullivan/Getty Images)Getty ImagesKey TakeawaysIntel Soars On $5 Billion Nvidia Investment Driving Market GainsGovernment Spending, Shutdown Risks Highlight Rising Policy Market InfluenceNasdaq, S&P, Dow, Russell Post Strong Quarterly Highs TogetherStocks closed higher on Thursday with all four major averages hitting new highs. The Nasdaq made its 27th new high of the year, closing 0.9% hig ...

Legal & Regulatory - Live Nation and Ticket Master are facing a lawsuit from the FTC due to alleged illegal practices [1] - The lawsuit claims these practices led to customers paying significantly more than the ticket's face value [1] Company Reputation - Scrutiny of the companies increased after Taylor Swift's Aerys tour ticket sales crashed Ticket Master's site [1] Company Response - Live Nation has not yet responded to requests for comment [1]

Core Viewpoint - The Federal Trade Commission (FTC) has filed a lawsuit against Live Nation and Ticketmaster for alleged illegal ticket resale practices, claiming that ticketing has become excessively expensive for consumers [1][2]. Group 1: Allegations Against Ticketmaster - The lawsuit alleges that Ticketmaster has been dishonest about ticket pricing, posting initial prices on its website and then increasing fees during the purchase process, which violates the FTC Act [4]. - Ticketmaster is accused of misrepresenting the availability of tickets on the primary market, as brokers have been buying large quantities of tickets, leading to deceptive listings on Ticketmaster's website [5]. - The FTC claims that Ticketmaster allowed brokers to circumvent ticket limit controls, resulting in significant profits for brokers and Ticketmaster through its secondary ticketing platform, which is considered unfair and illegal [6][7]. Group 2: Desired Outcomes from the Lawsuit - The FTC seeks an injunction to prevent Ticketmaster from continuing its alleged deceptive practices that harm consumers [9]. - The FTC aims to recover potentially billions of dollars in illegal profits taken from American consumers by Ticketmaster and return those funds to the consumers [10].