Finance Archives

Management completes buy-out of Billetto

Ballroom, a holding company led by Billetto management, has acquired 100% of the debt and equity in Billetto, an event marketplace in Denmark and Sweden.

Digital Ally and Clover Leaf Capital reveal Kustom Entertainment merger agreement

Digital Ally and Clover Leaf Capital (CLOE), a publicly traded special purpose acquisition company (SPAC), have announced that the former's subsidiary Kustom Entertainment and CLOE have entered into a merger agreement.

DEAG announces bond issue of up to €50m to finance further growth

DEAG Deutsche Entertainment has today (Tuesday) issued a Corporate Bond amounting up to €50m (£43m/$53m).

K-pop’s Hybe agency targets $380m for global M&A push

South Korean K-pop giant Hybe is reportedly seeking $380m in new finance as it targets an M&A drive in the Americas.

UK festivals will barely break even in 2023 – AIF report

UK festivals face tight margins in 2023 due to soaring costs, according to data collected in the Association of Independent Festivals’ (AIF) first-ever Festival Forecast report.

Magic raises $52m in strategic funding round

Magic, a wallet-as-a-service (WaaS) provider, has raised $52m (£42m/€49m) in a strategic funding round led by PayPal Ventures, with participation from Cherubic, Synchrony, KX, Northzone, and Volt Capital.

Oztix acquires Australian rival agency Local Tickets

Australian ticketing company Oztix has acquired small-events-focussed agency Local Tickets.

DEAG sees strong start to 2023

Live entertainment and ticketing company DEAG Deutsche Entertainment AG (DEAG) has witnessed its revenues increase in the first quarter of 2023.

Vivid Seats stockholder Hoya Topco puts 16 million shares up for sale

Vivid Seats has announced the pricing of a secondary underwritten public offering of 16 million shares of the Company’s Class A common stock by stockholder Hoya Topco, at price to the public of $8 (£6/€7).

Web3 platform Humbl receives funding commitment

Web3 platform Humbl has announced that it has entered into an Equity Financing Agreement with Pacific Lion, pursuant to which Pacific Lion agreed to purchase up to $20m (£16m/€18m) of Humbl common stock.

Eventfinda teams up with Laybuy to offer payment flexibility

New Zealand independent ticketing platform Eventfinda has teamed up with buy now, pay later provider Laybuy.

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Wimbledon raises ticket prices for 2023 championships

See Tickets, Vivendi suffer reported data breach

Ticketing: The ‘bad-news’ business?

Ticketmaster faces class action lawsuit over Drake tickets

Exit Festival links up with NFT-TiX as part of multi-year collaboration

Rammstein obtains restraining order against Viagogo

Leeds United increases season ticket prices by flat 10% fee

Amazon Tickets offers pre-sale privileges to Prime members

Ziggo Dome extends NFT ticketing plans with GUTS Tickets

President Biden calls for limits on concert and sporting ticket fees

Aisle seats are the new ‘premium’ tickets

US groups form ‘Break Up Ticketmaster’ coalition

Category: Finance