Promoters scalp their own tickets, Lyte collapse reveals

The sudden collapse of ticketing platform Lyte laid bare one of live music’s open secrets: promoters scalp their own tickets with the help of the same secondary ticket platforms they claim to despise.

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TOP POSTS: Last week’s most read posts on Hypebot

Catch up on what everybody’s talking about with last week’s most-read posts. We’ve got topics ranging from music trigger cities, to labels vs. distribution, and more…

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Lyte bankruptcy

Lyte is still offline: Latest Updates and Impact on Ticketing

UPDATED: Ticketing company Lyte shut down suddenly late last week. Now Lyte is seeking a buyer as polarizing founder Ant Taylor, former employees, and affected promoters and fans offer a clearer picture of the closer despite $53 million in funding.

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Lyte bankruptcy

Lyte Seeks a Buyer as Founder, Former Employees Speak Out

Ticketing company Lyte shut down suddenly late last week. Now Lyte seeks a buyer as founder Ant Taylor, former employees, and affected promoters and fans are offering a clearer picture of the closer despite $53 million in funding.

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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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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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