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- TETI newsletter | January 20, 2025
TETI newsletter | January 20, 2025
Friendly Fire tests dynamic ticketing, Infosys powers Australian Open with AI, and Lyse Arena revolutionizes pricing with real-time adjustments.
TETI newsletter: The Event Ticketing Insider
No bullshit, fresh news only
Stay tuned with the latest developments in the event ticketing sector, covering industry news, technological advancements, and market trends.
🎫 Trends & News
A groundbreaking initiative by Friendly Fire introduces dynamic ticket segmentation, allowing venues to optimize seating arrangements and pricing strategies based on real-time demand. The system employs advanced analytics to create flexible pricing tiers, potentially increasing revenue while improving accessibility for diverse audience segments. (Reading time: 4 minutes)
The European music technology consortium has proposed new standardized protocols for digital ticketing, aiming to combat fraud and improve interoperability across platforms. The initiative includes blockchain verification and enhanced mobile ticket security features. (Reading time: 5 minutes)
Ticketmaster has strengthened its position in the sports ticketing market by becoming the first founding partner of New Highmark Stadium, home of the Buffalo Bills. This strategic partnership demonstrates Ticketmaster's continued expansion in the sports venue sector and their commitment to enhancing the fan experience through integrated ticketing solutions. (Reading time: 3 minutes)
🏟️ Event Management Strategies
Major venue operators collaborate on implementing advanced security measures and crowd management systems. The initiative includes AI-powered crowd flow analysis and contactless entry systems to enhance safety while maintaining efficient operations. (Reading time: 6 minutes)
The new platform combines facial recognition and digital ID verification to prevent ticket resale abuse, marking a significant step forward in the fight against scalping. Early trials show a 90% reduction in unauthorized ticket resales. (Reading time: 3 minutes)
🤖 Tech & Ticketing
Digital services giant Infosys has launched new AI-powered features for the Australian Open, showcasing the growing role of artificial intelligence in enhancing the fan experience at major sporting events. The implementation includes advanced analytics and personalized digital experiences for attendees. (Reading time: 4 minutes)
The venue's new AI system adjusts ticket prices in real-time based on multiple factors including demand, historical data, and event popularity, resulting in optimized revenue and improved seat fill rates. (Reading time: 4 minutes)
📱 Quick Links
The venue introduces a revolutionary mobile app that combines AR navigation, virtual queuing, and personalized event recommendations, setting new standards for fan engagement and venue operations.
Revolutionary tech implementation reshapes festival experience
AI-driven crowd management and ticketing solutions
Monumental Sports & Entertainment has appointed Klutch Sports Group, Legends and Elevate Creative to help deliver a comprehensive modernization of Capital One Arena.