TETI newsletter | November 15, 2024

AEG’s AXS expands in Hamburg, Tool redefines fan events, and Live Nation rides the concert boom—key shifts shaping the future of ticketing and live experiences.

November 15, 2024

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.

Tech

  1. AEG's AXS Buys Hamburg Ticketing Company (reading time: 5 minutes) AEG's AXS has expanded its footprint by acquiring a Hamburg-based ticketing company, aiming to enhance its technological capabilities and market reach.

  2. Saving face at Intuit Dome (reading time: 4 minutes) The Intuit Dome is implementing advanced facial recognition technology to streamline entry and enhance security for event attendees.

Events Management Strategies

  1. Destination Events Get Heavy With Tool (reading time: 4 minutes) The band Tool is leveraging destination events to create unique fan experiences and drive ticket sales, setting a new trend in event management.

Secondary Market

  1. Live Nation Reports Q3 Earnings (reading time: 5 minutes) Live Nation's Q3 earnings report shows a significant increase in operating income, reflecting the ongoing boom in the concert industry despite a slight dip in revenue.

  2. Vivid Seats Q3 Earnings Report (reading time: 4 minutes) Vivid Seats reveals a decrease in net income in its Q3 earnings report, highlighting challenges in the secondary ticketing market.

New Tech & Event Ticketing

  1. Bears consider new site for stadium (reading time: 3 minutes) The Chicago Bears are considering a new site for their stadium, with plans to incorporate cutting-edge technology to enhance the fan experience.

  2. Jillian Welch, David Rawlings Reveal 2025 Tour (reading time: 3 minutes) Jillian Welch and David Rawlings announce their 2025 tour, utilizing advanced ticketing technology to prevent fraud and ensure a smooth ticketing process.