Sen. Marsha Blackburn blasted Ticketmaster and its parent Live Nation on Thursday for its “very insufficient” response to allegations that executives knowingly “turn a blind eye” to automated bots that force customers to pay exorbitant prices.During a Wednesday Senate hearing on online ticket scalping, the Tennessee Republican cited an internal email in which a Ticketmaster executive admitted that the company “turn[s] a blind eye as a matter of policy” when bots exceed ticket purchase limits.Live Nation exe ...

NEW YORK, Jan. 21, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of StubHub Holdings, Inc. (NYSE: STUB). Shareholders who purchased shares of STUB during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/stubhub-holdings-inc-loss-submission-form/?id=183181&from=3 CLASS PERIOD: Thi ...

Core Insights - Twilio and AEG have launched a strategic multi-year partnership to enhance customer engagement in live events and sports, utilizing Twilio's technology for improved communication and experiences [1][2][3] Company Overview - Twilio is a customer engagement platform that enables real-time personalized experiences for brands, with a presence in 180 countries and millions of developers and businesses using its services [9] - AEG is a leading sports and live entertainment company, entertaining over 90 million guests annually through its venues and events [10] Partnership Details - The partnership marks Twilio's first collaboration with a major venue, NHL team, and ticketing platform, establishing Twilio as a Founding Partner of Crypto.com Arena and an official partner of the LA Kings [2][5] - Twilio's technology will be integrated into AEG's operations, enhancing fan engagement through data-driven insights and personalized communication [3][4] Technology Implementation - Twilio's products, including Twilio Segment, will provide AEG with deeper insights into fan preferences, improving the overall customer experience [3] - Twilio's existing technology already supports AXS with SMS and multi-factor authentication, indicating a foundation for further growth in the partnership [4] Marketing and Visibility - As a Founding Partner, Twilio will gain significant brand visibility at Crypto.com Arena, including LED signage and hospitality experiences, reaching millions of visitors annually [5][8] - The partnership will also extend Twilio's branding throughout L.A. LIVE, enhancing its presence in the sports and entertainment district [8]

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against StubHub Holdings, Inc. due to allegations of misleading information in their registration statement during the IPO process, which has led to significant financial losses for investors [2][4]. Group 1: Legal Investigation and Class Action - The firm is encouraging investors who suffered losses in StubHub to contact them directly to discuss their legal rights and options [1]. - A federal securities class action has been filed against StubHub, with a deadline of January 23, 2026, for investors to seek the role of lead plaintiff [2]. - The complaint alleges that the registration statement was materially false and misleading, failing to disclose adverse facts about the company's business and operations [4]. Group 2: Financial Performance and Stock Impact - StubHub conducted its IPO on September 17, 2025, selling approximately 34 million shares at $23.50 per share [5]. - The company reported a free cash flow of negative $4.6 million for Q3 2025, a 143% decrease from the previous year's positive free cash flow of $10.6 million [6]. - Following the release of disappointing financial results, StubHub's stock price fell by $3.95 per share, or 20.9%, closing at $14.87 on November 14, 2025 [7]. - By the time of the class action commencement, StubHub's stock had declined nearly 56% from the IPO price, trading as low as $10.31 per share [8].

Core Viewpoint - The Gross Law Firm is notifying shareholders of StubHub Holdings, Inc. regarding a class action lawsuit related to misleading statements made by the company during its initial public offering in September 2025 [1][4]. Group 1: Class Action Details - The lawsuit is on behalf of individuals and entities that purchased StubHub common stock during the specified class period [3]. - Shareholders are encouraged to contact the Gross Law Firm for possible lead plaintiff appointment, although this is not required to participate in any recovery [1][4]. Group 2: Allegations - The complaint alleges that the company made materially false and misleading statements, failing to disclose significant changes in payment timing to vendors [4]. - These changes adversely affected the company's free cash flow, leading to misleading reports regarding free cash flow for the trailing 12 months [4]. - As a result, the positive statements made by the defendants about the company's business and prospects were deemed materially misleading [4]. Group 3: Next Steps for Shareholders - The deadline for shareholders to register for the class action is January 23, 2026 [5]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case [5]. - Participation in the case incurs no cost or obligation for shareholders [5].

Core Viewpoint - The StubHub class action lawsuit alleges that the company and its executives misled investors regarding the financial health of the company during its IPO, leading to significant stock price declines after the release of disappointing financial results [1][3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Salabaj v. StubHub Holdings, Inc., and it charges StubHub and certain executives with violations of the Securities Act of 1933 [1]. - Investors who purchased StubHub common stock during its IPO on September 17, 2025, have until January 23, 2026, to seek appointment as lead plaintiff [1][2]. - The lawsuit claims that StubHub's IPO offering documents were materially false and misleading, particularly regarding changes in payment timing to vendors that adversely affected free cash flow [3]. Group 2: Financial Performance and Impact - StubHub's IPO involved the issuance of approximately 34 million shares at an offering price of $23.50 per share [2]. - The company reported a free cash flow of negative $4.6 million for Q3 2025, representing a 143% decrease year-over-year, and net cash from operating activities of $3.8 million, a 69.3% decrease [3]. - Following the release of these financial results, StubHub's stock price fell nearly 21%, and by the time the lawsuit commenced, the stock was trading at $10.31 per share, a decline of nearly 56% from the IPO price [3][4]. Group 3: Legal Process and Representation - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased StubHub common stock during the IPO to seek lead plaintiff status in the class action lawsuit [5]. - The lead plaintiff will represent the interests of all class members and can select a law firm of their choice for litigation [5]. Group 4: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has been recognized for its significant recoveries in securities class action cases, including the largest recovery in history of $7.2 billion in the Enron case [6].

Core Viewpoint - Damai Entertainment (01060) has seen a stock price increase of over 4% in late trading, currently up 3.45% at HKD 0.9, with a trading volume of HKD 80.6355 million. The company is launching a new independent app for its global performance service platform, MAISEAT, aimed at enhancing cross-border viewing experiences and expanding into Southeast Asia and Japan/Korea markets [1]. Group 1 - Damai International's business head, Zheng Xiaobo, stated that the company will continue to improve product features and plans to integrate more performance categories and value-added services [1]. - The company aims to become the preferred platform for global audiences seeking cross-border viewing experiences through a dual-engine strategy of "full-platform layout + top-tier IP landing" [1]. - CITIC Securities has highlighted the importance of monitoring the company's progress in signing new global IPs and hosting projects for overseas top artists' tours [1]. Group 2 - By 2025, it is expected that overseas artist concert performances will account for approximately 19% of domestic concert events and 25% of ticket sales, with a significant portion of high-capacity and high-attendance performances being from Western artists [1]. - The upcoming New Year and year-end performances are anticipated to create strong supply and demand, supporting the domestic concert market during the off-peak season [1]. - The cancellation of performances by Japanese artists is expected to have a limited impact on Damai's ticketing business [1].

Core Viewpoint - The StubHub class action lawsuit alleges that the company and its executives misled investors regarding its financial health during the IPO process, leading to significant stock price declines after the release of disappointing financial results [1][3][4]. Group 1: Class Action Lawsuit Details - Purchasers of StubHub common stock from its September 17, 2025 IPO have until January 23, 2026, to seek lead plaintiff status in the class action lawsuit [1]. - The lawsuit, Salabaj v. StubHub Holdings, Inc., claims violations of the Securities Act of 1933 by StubHub and its executives [1][2]. - StubHub's IPO involved the issuance of approximately 34 million shares at an offering price of $23.50 per share [2]. Group 2: Allegations Against StubHub - The lawsuit alleges that the IPO offering documents were materially false or misleading, particularly regarding changes in vendor payment timing that adversely affected free cash flow [3]. - StubHub reported a free cash flow of negative $4.6 million for Q3 2025, representing a 143% decrease year-over-year, and a 69.3% decrease in net cash from operating activities [3]. - Following the release of these financial results, StubHub's stock price fell nearly 21% [3]. Group 3: Stock Price Impact - By the time the class action lawsuit commenced, StubHub's stock price had dropped to as low as $10.31 per share, a nearly 56% decline from the IPO price of $23.50 [4]. Group 4: Legal Process for Lead Plaintiff - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased StubHub common stock during the IPO to seek lead plaintiff status, which involves directing the class action lawsuit on behalf of all class members [5]. - The lead plaintiff can choose a law firm to represent the class, and participation as lead plaintiff does not affect an investor's ability to share in any potential recovery [5]. Group 5: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has been recognized for its significant recoveries in securities class action cases, including the largest recovery in history of $7.2 billion in the Enron case [6].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against StubHub Holdings, Inc. due to allegations of misleading information in their registration statement during the IPO process, which has led to significant financial losses for investors [2][4]. Group 1: Company Overview - StubHub Holdings, Inc. conducted its IPO on September 17, 2025, selling approximately 34 million shares of Class A common stock at a price of $23.50 per share [5]. - Following the IPO, the company's stock has seen a significant decline, trading as low as $10.31 per share, representing a nearly 56% decrease from the IPO price [8]. Group 2: Financial Performance - In the third quarter of 2025, StubHub reported a free cash flow of negative $4.6 million, marking a 143% decrease from the previous year's positive free cash flow of $10.6 million [6]. - The company's net cash provided by operating activities was reported at $3.8 million, a 69.3% decrease from the $12.4 million reported in the same period the previous year [6]. Group 3: Legal Proceedings - A federal securities class action has been filed against StubHub, with a deadline of January 23, 2026, for investors to seek the role of lead plaintiff [2]. - The complaint alleges that the registration statement was materially false and misleading, failing to disclose significant adverse facts about the company's operations and cash flow [4].

Core Viewpoint - StubHub Holdings (STUB) is recognized as a leading player in its industry with potential to expand into the primary ticketing space, indicating strong growth prospects for the company [1] Company Analysis - The investment approach emphasizes understanding the core economics of a business, including competitive moat, unit economics, reinvestment runway, and management quality, which are crucial for long-term free cash flow generation and shareholder value creation [1] - The focus is on fundamental research within sectors that exhibit strong secular tailwinds, suggesting a strategic alignment with growth industries [1] Investment Philosophy - The company is managed by a self-educated investor with a decade of experience, indicating a deep understanding of market dynamics and investment strategies [1] - The motivation for sharing insights on platforms like Seeking Alpha is to provide valuable analysis that helps readers identify high-quality, long-term investment opportunities [1]