Technogym is the leading company in the Wellness and Fitness field all over the world. With 2,200 employees, 14 branches in Europe, U.S., South America, Asia and Australia, Technogym exports its…read more
Ticketmaster extend market lead in global entertainment ticketing
Ticketmaster continued growing its global leadership position in ticketing in 2018, with fee-bearing gross transaction value (GTV) up 14% and total platform GTV of US$33 billion.
As revealed in the Friday release of the company’s results for 2018, Live Nation’s top priority for Ticketmaster in 2018 was deploying its Presence digital ticketing solution, which the company sees as key for effectively unlocking the value of its customer relationships across its ticketing, concerts and sponsorship businesses.
By the end of 2018, Live Nation deployed Presence in over 200 venues, operating 20,000 events for 40 million fans, approximately half of whom used digital tickets.
For 2019 the company anticipates further growth expecting to have Presence in over 500 venues by the end of this year, with over 125 million fans attending events at these buildings. At that point, Live Nation will cover over 75% of major sports and Live Nation buildings, making Ticketmaster by far the global leader in digital ticketing.
At the same time, Live Nation expects to continue building its marketplace, with the fourth quarter of 2018 being its highest fee-bearing GTV quarter ever, selling over 60 million fee-bearing tickets in a quarter for the first time, and delivering over $5 billion in fee-bearing GTV.
Overall in 2018, Ticketmaster managed over 400,000 events, delivering almost 500 million tickets to fans in 28 countries. Live Nation continues adding new clients to our marketplace, who collectively added over 10 million new tickets in 2018.
Commenting on this performance, Live Nation President and Chief Executive, Michael Rapino stated “I believe we have tremendous opportunity for growth on a global basis, particularly in the 13 markets where we promote concerts but do not yet have a substantial ticketing operation.
“In 2018, we furthered our international expansion, establishing ticketing operations in Italy, growing our German operations and laying the groundwork for expansion into Latin America. Ticketmaster continues to exceed expectations, both operationally and in its leadership position in digital ticketing, which we believe it can extend globally and deliver continued profitable growth."
22nd September 2018 - Ticketmaster takes action over reseller accounts that bypass scalping restrictions
17th August 2018 - Ticketmaster Australia looks to continue resale operations
28th February 2017 - Ticketmaster Australia renews Riverstage partnership
Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?
The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.
However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.
Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.
Subscriptions cost just $90 a year.
Click here to subscribe.
The Complete Guide to Leisure Industry Products & Services.
Otium Planning Group is a contemporary sport and leisure consultancy providing services in planning, facility development, management and funding for the sport, recreation and leisure industries…read more
BODY BIKE® International is a leading manufacturer of indoor bikes with a 20-year track record of creating the best indoor bikes. Stay connected with Body Bike Australia…read more
JonasLeisure offers a complete range of leading leisure and recreation software brands – envibe, Centaman, Gladstone Health & Leisure, The Retention People, Nutrition Complete and…read more
AUSTRALIAN MADE. BUILT NOT BOUGHT. AlphaFit is a 100% Australian owned family company manufacturing gear specifically for the strength and conditioning, functional fitness and high-performance…read more
@leisure is a team of experienced leisure, aquatic and sports facility managers and planners, with market modelling, sports management, recreation planning, business and GIS qualifications. We have…read more
Digonex is a leading provider of customised dynamic pricing solutions to clients in arts and entertainment, sport, attractions, cultural institutions and retail sectors. Digonex’s technology is…read more
TJS Services is a leading national facility services provider. We deliver quality cleaning, maintenance, construction and facility management services to over 1,500 sites Australia wide. Our…read more
get listed with our suppliers directory
Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!