Fans that either failed to verify their vaccination status or tested positive would be denied access to the event. [19] Front Line CEO Irving Azoff became CEO of the new company, which was renamed Ticketmaster Entertainment. Ticketmaster's revenue growth from 2010 to 2022 is 229.43%. They also offered refunds for the full cost of the tickets. In the lawsuit, fans demanded $2,500 for each violation, which could potentially amount to several million in total. On Ticketmaster.com, desktops drive 18.6% of visits, while 81.4% of visitors come from mobile devices. Ltd.; Cinemark Holdings Inc.; Cineplex Inc.; Kyazoonga; Fandango; Inox Leisure Ltd.; MovieTickets.Com; EasyMovies; Mtime; RazorGator; StubHub; Ticketmaster Entertainment; Ticket, please. Knowing that every second there are 18 new transactions through Ticketmaster. [35] In addition to the face value price, venues and Ticketmaster add fees to pay for their services. [114] Following this, tickets were available on third-party resale platforms such as Viagogo, with a general admission standing ticket for the final, originally priced at 380, being sold for up to 11,800. Market Data powered by QuoteMedia. Economists worried these laws would harm competition, but Moriarty expressed the need to reduce corrupt scalpers and counterfeit tickets. However, prepaid smart cards are another emerging trend which reduces queue at vendor stands, provides entry, and simplified merchandise transactions. Ticketmaster.com gets most of its social media traffic from YouTube, followed by Facebook and Twitter (Desktop). [7][8], In November 1993, Microsoft co-founder Paul Allen acquired an 80% stake for more than $325 million. For the three months ended March 31, 2022, net cash provided by operating activities was $1.2 billion and free cash flow adjusted was $89.1 million. [26] In 2017, TicketWeb, Ticketmaster's self-service ticketing platform, acquired Strobe Labs, a marketing platform that allows users to market to fans through social media. Increased proliferation of the Internet and the growing trend of usingmobile applications for booking movies, sports, and live event tickets online are expected to impact growth. Live Nation Entertainment Revenue 2010-2022 | LYV | MacroTrends