Lyte bankruptcy

The Lyte Bankruptcy and What It Reveals About the Ticketing Industry

The Lyte bankruptcy highlights the growing challenges in the ticketing industry, where margins are shrinking, partnerships are strained, and strong technology is crucial. Learn how these shifts are reshaping the market and what they mean for the future of ticketing.

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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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4 recent tours graded on how they handled ticketing

From Taylor’s Era Tour to The Cure’s Shows of a Lost World Tour, find out which recent tours received the best and worst scores for ticketing satisfaction and the lessons. Continue reading

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Speculative ticketing may already be illegal [Chris Castle]

Speculative ticketing – the practice of offering a ticket for sale that might be available in the future – is currently the subject of state and federal scrutiny and legislation.. Continue reading

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Touring industry responds to Live Nation’s ‘all-in’ ticketing pledge

The touring industry reacted cautiously to Thursday’s White House announcement that Live Nation, Ticketmaster, and SeatGeek will at least partially adopt an “all-in” model that displays the full cost of. Continue reading

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Fix The Tix coalition voices strong opposition to BOSS ticketing bill

The Fix Tix has come out in strong opposition to the BOSS Act introduced in the U.S. Congress last week. The Fix The Tix coalition includes NIVA, NITO, UMG, See. Continue reading

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What is first-party live event data, and why should it be a priority?

Everyone, from ticketing companies to social media platforms, is collecting fan data, and almost no one wants to share it – even with the venues and artists whose patrons and. Continue reading

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Fix for ticket scalping? A ‘resale royalty’ paid to artists and venues

The current ticket resale system drives up prices for fans while returning no additional income to artists. As a fix, Chris Castle explores a “resale royalty” paid by ticket resellers. Continue reading

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Eventbrite Acquires Social Music Marketer ToneDen

Ticketing platform Eventbrite had acquired social music marketing platform ToneDen. Details of the deal were not announced. While more than a single product platform, ToneDen is best known as a. Continue reading

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Eventbrite Reports Devastating Q2

Eventbrite took a true beating in the second fiscal quarter of 2020, with net revenue for the period dropping more than 90%. Eventbrite reported net revenue of just $8.4 million. Continue reading

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