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X @Easy
Easy· 2025-08-08 16:18
Industry Disruption Opportunity - On-chain ticketing solutions represent a significant opportunity for disruption in the ticketing industry [1] - The ticketing industry is ripe for disruption [1] Blockchain Technology Adoption - Fully on-chain ticketing solutions are being developed [1] - AVAX currently has live on-chain ticketing solutions with partners like Sports Illustrated [1] Potential for User Growth - On-chain ticketing solutions are believed to be a major unlock for users with crypto [1]
Live Nation Entertainment(LYV) - 2025 Q2 - Earnings Call Transcript
2025-08-07 22:02
Financial Data and Key Metrics Changes - The company expects strong Q3 performance with double-digit AOI growth anticipated for both Ticketmaster and the sponsorship business [13] - Deferred revenue numbers are strong, indicating a high degree of confidence in fan count and top-line growth [14] - Ticketmaster's deferred revenue increased by 22%, suggesting a shift of approximately $25 million of AOI from the first half to the second half of the year [58] Business Line Data and Key Metrics Changes - Concert segment revenue for the first half of the year increased by nearly $100 million, representing a growth of approximately 30% [56] - Sponsorship growth has been relatively low in the first half but is expected to grow double digits for the full year [57] - Ticketmaster faced headwinds from foreign exchange impacts and lower revenue per ticket in international markets [59] Market Data and Key Metrics Changes - The company sees significant growth opportunities in Latin America, particularly in Mexico and Brazil, where market share is currently small [9][10] - The APAC region, especially Japan, is viewed as a major growth opportunity following a recent acquisition [80] Company Strategy and Development Direction - The company is focusing on expanding its venue portfolio globally, leveraging local expertise to mitigate risks associated with new venue development [52][54] - There is an emphasis on innovation in sponsorship, particularly through festival naming rights and other creative partnerships [41] - The company aims to capitalize on AI to enhance customer service efficiency and improve profitability for event organizers [24] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic about the concert business, expecting a strong finish to the year despite potential challenges from the World Cup affecting stadium availability [33][36] - The company believes that the global demand for live events will continue to grow, driven by younger consumers eager to attend shows [78] Other Important Information - The company is experiencing strong consumer demand, with record increases in on-site spending observed at events like Lollapalooza [15] - The company is committed to reinvesting cash savings from operational efficiencies into further venue development and growth opportunities [46] Q&A Session Summary Question: Update on Assessa and Latin America strategy - Management highlighted the successful partnership with Assessa and the growth potential in Mexico and Brazil, indicating a strong future outlook for Latin America [9][10] Question: Insights on Concert segment for Q3 - Management expressed confidence in strong ticket sales and deferred revenue, anticipating a robust stadium quarter [14] Question: Ticketmaster's growth outlook - Management reassured that Ticketmaster's growth prospects remain strong, with significant international opportunities and ongoing client additions [20] Question: Impact of AI on Ticketmaster - Management discussed the transformative potential of AI in enhancing efficiency and profitability across various operations [24] Question: Trends in secondary ticketing market - Management noted a positive impact from moving pricing back to the primary market, benefiting both Ticketmaster and concert promoters [30] Question: Venue development risks - Management emphasized the importance of local expertise in venue development, mitigating risks through careful market analysis [52][54] Question: Growth in APAC region - Management identified Japan as a key growth market following a recent acquisition, with plans to leverage this presence to expand further in the region [80]
Live Nation Entertainment(LYV) - 2025 Q2 - Earnings Call Transcript
2025-08-07 22:00
Live Nation Entertainment (LYV) Q2 2025 Earnings Call August 07, 2025 05:00 PM ET Speaker0Good afternoon. My name is Joe, and I will be your conference operator today. At this time, I would like to welcome everyone to Live Nation's Second Quarter twenty twenty five earnings call. I would now like to turn the call over to Ms. Amy Young.Thank you, Ms. Young. You may begin.Speaker1Good afternoon, and welcome to the Live Nation's second quarter twenty twenty five earnings conference call. Joining us today is ou ...
X @Avalanche🔺
Avalanche🔺· 2025-08-06 22:07
Onchain Ticketing Solution - Tixbase's onchain ticketing solution has launched on its own custom Avalanche L1 [1] - This launch aims to address major pain points in the ticketing market [1] Company Milestones - Tixbase has officially launched on Mainnet, marking a major milestone [1] - The company's focus moving forward is on growth and innovation within the ticketing space [1]
Vivid Seats(SEAT) - 2025 Q2 - Earnings Call Presentation
2025-08-05 12:30
Q2 2025 Financial Results August 5, 2025 (Nasdaq: SEAT) Important Disclaimers Non-U.S. GAAP Financial Measures We present adjusted EBITDA, which is a financial measure not defined under accounting principles generally accepted in the United States of America ("U.S. GAAP"), because it is a key measure used by analysts, investors, and others to evaluate companies in our industry. Adjusted EBITDA is also used by management to make operating decisions, including those related to analyzing operating expenses, ev ...
X @Xeer
Xeer· 2025-08-02 06:48
Bittersweet moment since I used to be a fan and heavy user of @tokenproof.But the battle of the web3 ticketing business is over and @LumaHQ won this one.Goodbye old friend 👋. https://t.co/Zsd9GpaBrq ...
SEGG Media Takes Majority Stake in $10 Million Acquisition of Concerts.com and TicketStub.com
Globenewswire· 2025-07-23 13:43
Core Insights - SEGG Media Corporation has completed the acquisition of a majority stake in DotCom Ventures Inc, valuing the transaction at $10 million, marking a significant step in expanding its digital portfolio in the live entertainment and ticketing sectors [1][2][8] - The acquisition includes the brands Concerts.com and TicketStub.com, which will enhance SEGG Media's offerings in ticket sales, streaming, and fan engagement [2][3] - The global secondary ticket market is projected to grow from approximately $13.5 billion in 2023 to over $19 billion by 2027, indicating a compound annual growth rate (CAGR) of 9% [2] Company Strategy - The acquisition is seen as a cornerstone for creating a unified platform that integrates content, commerce, and live events, with expectations of unlocking significant value across various sectors [2][3] - SEGG Media aims to build a next-generation fan experience by combining its existing platforms with the newly acquired brands, focusing on premium events and smart ticketing solutions [3][8] - The company is actively recruiting industry leaders to scale the operations of Concerts.com and TicketStub.com over the next 3 to 6 months [8] Market Position - SEGG Media now controls three major digital assets: Sports.com, Concerts.com, and Lottery.com, which are expected to have a combined brand value exceeding $100 million [3] - The acquisition positions SEGG Media as a competitive player in the high-growth sectors of sports, entertainment, and gaming, with a strategic focus on revenue generation across digital and live formats [3][4] - The board and shareholders of DVI approved the acquisition primarily for stock in SEGG Media, reflecting confidence in the company's growth potential and market valuation [4]
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
Core Viewpoint - The ticket sales for Lu Han's concert in Xi'an faced significant issues due to a system bug, leading to a failure in the normal ticketing process and resulting in customer dissatisfaction [6][7]. Group 1: Ticketing Issues - The ticket sales for the Xi'an concert were scheduled for June 29, but the ordinary ticketing phase did not open as planned, causing confusion among users [2][6]. - A total of 6,731 orders (8,128 tickets) made after the intended ticketing time will be refunded, and affected users will receive compensation in the form of discount vouchers [6][7]. Group 2: Market Context - The concert is part of Lu Han's "Season 4 Asia Tour," which has already seen high demand, with nearly 20,000 tickets sold out in 32 seconds during the Shanghai stop [7]. - The ticketing platform, Damai, has faced increased competition from other platforms like Maoyan and PiaoXingQiu, but still holds a significant market share, historically over 70% in the ticketing market [9]. Group 3: Financial Performance - Despite the ticketing issues, Damai reported a revenue of 2.057 billion yuan for the 2025 fiscal year, a year-on-year increase of 236%, indicating strong performance in the recovering live event market [10].
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]
Vivid Seats(SEAT) - 2025 Q1 - Earnings Call Presentation
2025-05-06 11:11
Q1 2025 Financial Results May 6, 2025 (Nasdaq: SEAT) Agenda Business Highlights & Updates Stan Chia, Chief Executive Officer 2 Financial Results & Outlook Lawrence Fey, Chief Financial Officer Important Disclaimers Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "can," "continue," "could," "design," "estimate," "expect," "f ...