Eventbrite Cuts Staff By 45%

Global ticketer Eventbrite is laying off 45% of its workforce as part of a $100 million annual expense reduction in response to the massive disruption in the live event industry. Continue reading

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Massive Furloughs At StubHub

Stubhub has furloughed as much as 67% of its workforce, sources tell CelebirtyAccess leaving less than 150 staffers working at the secondary ticket marketplace amid the COVID-19 crisis. Stubhub reportedly. Continue reading

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eBay Sells StubHub To Secondary Ticketing Rival Viagogo For $4B Cash

eBay has sold its StubHub secondary ticket resale division, to rival viagogo for $4.05 billion in cash. Swiss-based viagogo operates worldwide as a ticket marketplace for live sport, music and. Continue reading

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14% Of Fans Have Bought A Bogus Ticket According To New FanDragon Survey

The new FanDragon Fan Experience Index survey confirms how much fans love live music and other events, as well as, how disappointed they are in the ticket buying experience.

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YellowHeart Gives Artists, Promoters Ticket Resale Control

YellowHeart hopes to give artists and promoters control of how and at what price their tickets are resold. Founded by serial music entrepreneur Josh Katz and The Chainsmokers manager Adam. Continue reading

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Ticketing Exchange Platform Lyte Adds $15M In Funding

San Francisco based ticket exchange platform Lyte has secured $15 million in Series A financing to drive the development of the platform and scale operations.

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AM BRIEF: Ticket Exchange Lyte Adds $15M • Five Vectors +$1M • Audius Under Fire • Eilish Sells Out • More

THURSDAY 10.10.19 Music Business News From Around The Web Updated continuously under the More News tab

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Silver Lake Acquires Concert, Ticketing Giant TEG

US investment firm Silver Lake Partners has signed a definitive agreement to acquire TEG, the Australian and Asian Pacific concert promoter and ticketing giant from funds advised by Affinity Equity. Continue reading

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Lyte Empowers Fan-Friendly Ticket Resale

Lyte is on track to secure $100 million in North American event ticket reservations in 2019. The platform empowers fans to return their tickets to live events and join an. Continue reading

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‘All In’ Ticket Marketplace TickPick Raises $40 Million

No-fee ticket marketplace TickPick has announced a $40 million investment from PWP Growth Equity in the startup's first institutional funding round.

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