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☆ CNBC Sport: Adam Silver speaks exclusively, and TKO makes a big bet
  + stars: | 2024-10-24 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com   time to read: +21 min
☆ Blast from past Ingram Micro returns to trading, but IPO market still struggling with valuation concerns
  + stars: | 2024-10-24 | by ( Bob Pisani | ) www.cnbc.com   time to read: +4 min
Ingram Micro began trading Thursday at the NYSE under the symbol INGM, surging as much as 17% from its $22 initial public offering price . Still no signs of IPO life, despite record highs for stocks Unfortunately, Ingram is not going to change the IPO dynamic. Pre-covid, a normal year would see roughly $50 billion raised. Recent large IPOs (amount raised, and gain from IPO price) KinderCare $576 m. +20.7% StandardAero $1.4 b. In 2021, private capital was able to raise record funding for tech companies, which became benchmarks for private valuations.
Persons: Imgram, Ingram, Matt Kennedy, BlackRock, Kennedy Organizations: Ingram Micro, NYSE, Tianjin Tianhai Investment Company, HNA, Equity, KinderCare, Renaissance Capital, HPS Investment Partners Locations: Tianjin, IPOs, China
☆ World Series ticket prices soaring ahead of Yankees-Dodgers matchup
  + stars: | 2024-10-21 | by ( Nbc New York | ) www.nbcnews.com   time to read: +1 min
The matchup between the New York Yankees and Los Angeles Dodgers has fans clamoring for World Series tickets, and that means prices are soaring. Game 1 of the World Series is Friday, Oct. 25, at Dodger Stadium in Los Angeles. The next three games of the World Series will be in New York, if the series makes it to a fifth game. The cheapest ticket for Game 3 is $1,385; Game 4 is $1,110; Game 5 is $1,110. Game 6, which is back in Los Angeles, goes for $1,359 and Game 7 has the cheapest ticket at $1,297.
Persons: SeatGeek Organizations: New York Yankees, Los Angeles Dodgers, Dodgers, New York Mets, Dodger Locations: Los Angeles, New York
☆ Two major deals coming soon may help jumpstart the IPO market
  + stars: | 2024-09-27 | by ( Bob Pisani | ) www.cnbc.com   time to read: +2 min
The company is seeking to sell 60 million shares at a price range of $20 to $23 per share. StandardAero previously filed to offer 46.5 million shares at the same $20 to $23 per share range. StandardAero will be a large IPO, likely raising about $1.3 billion at the midpoint. The IPO raise has been sub-par for three years running. IPO watchers note childcare provider KinderCare and digital health marketplace company Solera both could raise $500 million or more.
Persons: Safran, StandardAero, Carlyle, IPOs, StubHub Organizations: Dow Jones, Cerebras, StandardAero, New York Stock Exchange, GE Aerospace, Pratt & Whitney, Royce, Honeywell, Amer Sports, Ingram, Dunkin, Brands, Inspire Brands Locations: U.S
☆ Jane's Addiction cancels tour after Perry Farrell, Dave Navarro fight
  + stars: | 2024-09-16 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com   time to read: +15 min
The remainder of the reunion tour by the original lineup of Jane’s Addiction, the group’s first in 14 years, has been canceled. At that point, Farrell was seen throwing a punch at Navarro, though it wasn’t clear from the footage whether it really landed. While Dave was keeping Perry at arm’s length to de-escalate the situation, Dan rushed over to de-escalate as well by holding Perry back. Farrell sang well, Perkins crushed it behind the kit, Navarro shredded and Avery anchored the band with his steady work on bass. … However, when it came to singing the songs, Farrell nailed most of them.”The tour by Jane’s Addiction was a co-headlining one shared with another veteran ’80s/’90s band, Love & Rockets.
Persons: Dave Navarro, Perry Farrell‘s, Farrell, ”, Navarro, Eric Avery, “, Perry Farrell, ” Navarro, Dave, Eric, Stephen, Perkins, Etty Lau Farrell, Avery, who’ve, —, hasn’t, Avery overreacted, Etty, Perry, cussing, ” Etty, Dan, Kevin, Eric nonchalant, “ Dave, “ Farrell, ” Farrell, JamBase, ’, Jane’s Organizations: Live Nation, Rockets, YouTube, Boston’s, Bank, Tampa, “, Jane’s, Hartford Healthcare, WI, Huntsville, South Star, UT, Sandy, WA, Veterans Memorial, Sierra, Sun, San Francisco , CA Locations: Bridgeport , Toronto, Rochester Hills, Milwaukee, Chicago, Indianapolis, Huntsville, St, Louis, Denver, Sandy, Seattle, Portland, Reno, San Francisco, Los Angeles, L.A, Connecticut, Boston, upstage, Florida, New York City, New York, Las Vegas, Bridgeport, CT, Hartford, Toronto, MI, White, — Reno, San Francisco ,, Los Angeles ,
☆ StubHub delays IPO until after Labor Day
  + stars: | 2024-07-12 | by ( Leslie Picker Sarah Whitten | Leslie Picker | Sarah Whitten | ) www.cnbc.com   time to read: +1 min
StubHub is delaying a potential initial public offering until after Labor Day, according to a person familiar with the deal. The online ticketing service had been eyeing a summer IPO, aiming for a valuation of at least $16.5 billion. The company has been working with JPMorgan and Goldman Sachs over the past two years on the IPO, CNBC previously reported. If StubHub does enter the public market, it will trade alongside competitors Vivid Seats and Live Nation. Vivid Seats has a market cap of $1.5 billion and Live Nation is valued at just under $23 billion.
Persons: StubHub, haven't, Goldman Sachs, Eric Baker, SeatGeek, Wells Fargo, Morgan Stanley, Taylor Organizations: Labor, JPMorgan, CNBC, eBay, Bloomberg, Citigroup, Wells, Vivid Locations: San Francisco
☆ How the Panthers avoided historic collapse to win their first Stanley Cup with 2-1 Game 7 win: 5 takeaways
  + stars: | 2024-06-24 | by ( Michael Russo | Daniel Nugent-Bowman | ) www.nytimes.com   time to read: +8 min
The Panthers were also trying to avoid becoming the first back-to-back Stanley Cup losers since the 1977 and 1978 Boston Bruins. Canada’s Stanley Cup drought has now reached 31 years. After being largely silent in the past three games, the Panthers’ big guns showed up big in the make-or-break final game. Aleksander Barkov became the first Finnish captain in NHL history to lead his team to a Stanley Cup. Panthers arena flooded with Oilers fansIt’s a rarity to see a home arena invaded by visiting fans in the Stanley Cup Final, let alone in a Game 7.
Persons: Connor McDavid, Canada’s, Carter Verhaeghe, Sam Reinhart, Verhaeghe, Reinhart’s, Dmitry Kulikov, Mattias Janmark, McDavid, Conn Smythe, Sergei Bobrovsky backstopped, Paul Maurice, Maurice, Aleksander Barkov, “ Mr, Clutch ”, Vladimir Tarasenko, Clutch, Matthew Tkachuk’s, CARTER VERHAEGHE, ino H, ince, aron E kblad, hird, rick Organizations: NHL, Florida Panthers, Edmonton Oilers, Amerant Bank, Panthers, Oilers, Toronto Maple Leafs, Boston Bruins, Edmonton, Eastern, Stanley, ino H ard, ust Locations: Fla, Florida
☆ The Great Concert Ticket Bust
  + stars: | 2024-06-05 | by ( Emily Stewart | ) www.businessinsider.com   time to read: +10 min
There are a combination of factors that are dragging down some artists' ticket sales. Just having the big song doesn't necessarily always translate into ticket sales. But there are no guarantees that any of that will translate to hard ticket sales. "Just having the big song doesn't necessarily always translate into ticket sales." Hiccups are not all about ticket sales, either.
Persons: It's, Jennifer Lopez, Ben Affleck, she's, Lopez, JLo, Troye Sivan, Charli XCX, Bad Bunny, Justin Timberlake, Taylor Swift, Luke Combs, Zach Bryan, Olivia Rodrigo, they're, Jarred Arfa, Billy Joel, You'd, Gary Witt, COVID, who's, Nicki Minaj, David, Alicia Keys, that's, you've, Arfa, he's, Sivan, Charli, Kid Cudi, aren't, Def Leppard, Mötley, There's, SeatGeek, Witt, they'd, doesn't, Emily Stewart Organizations: Company, Ticketmaster, Independent Artist Group, Metallica, The Pabst Theater Group, Prince, Green, Live, Department of Justice, The Pabst Theater, Business Locations: Bronx, Minneapolis, Milwaukee
☆ Jennifer Lopez cancels tour as she’s ‘taking time off to be with her children, family and close friends’
  + stars: | 2024-05-31 | by ( Lisa Respers France | ) edition.cnn.com   time to read: +1 min
CNN —Turns out Jennifer Lopez will not be getting loud after all. On The JLo newsletter subscribers received an email from Lopez on Friday, stating “Representatives for Live Nation announced today that the Jennifer Lopez US Summer 2024 Tour ‘THIS IS ME…LIVE’ is canceled.”“Jennifer is taking time off to be with her children, family and close friends,” the announcement stated. Lopez then offered a personal message to her fans. Please know that I wouldn’t do this if I didn’t feel that it was absolutely necessary,” Lopez wrote. The news comes amid recent reports Lopez and her husband Ben Affleck have been living apart.
Persons: CNN —, Jennifer Lopez, Lopez, ”, Jennifer, “, ” Lopez, … ”, Ben Affleck Organizations: CNN, Live Nation, … ” CNN, Live, Ticketmaster Locations: Orlando
☆ SeatGeek CEO Groetzinger on Live Nation suit
  + stars: | 2024-05-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSeatGeek CEO Groetzinger on Live Nation suitJack Groetzinger, SeatGeek co-founder and CEO, joins 'Squawk Box' to discuss his take on the DOJ suing Live Nation over alleged antitrust violations, their business model, SeatGeek's presence in Europe, and more.
Persons: Groetzinger, Jack Groetzinger, SeatGeek Organizations: DOJ Locations: Europe
☆ If Live Nation gets busted up by the feds, we’ll have Taylor Swift to thank
  + stars: | 2024-05-24 | by ( Allison Morrow | ) edition.cnn.com   time to read: +5 min
“It is time to break it up.”It is difficult to overstate just how thoroughly Live Nation, which acquired Ticketmaster more than a decade ago, controls live entertainment in America. Through Ticketmaster, Live Nation controls 80% of venues’ primary ticketing for concerts. There’s a fine line between vertical integration and all-out monopoly, and Live Nation is, at minimum, very clearly toeing it. Artists, fans and venues have been complaining about Live Nation and Ticketmaster pretty much since they agreed to merge in 2009. Live Nation, Wolfson said, is likely to come out swinging.
Persons: CNN Business ’, Caitlin Clark, wasn’t, General Merrick Garland, Swift, Taylor, Sen, Richard Blumenthal, Garland, Swiftie, ” Adam Wolfson, Quinn Emanuel, Eventbrite, Wolfson, … we’re, there’s Organizations: CNN Business, New York CNN, Justice Department, Ticketmaster, DOJ, Artists, Senate, Democrats Locations: New York, United States, America, North America, “
☆ The IPO reopening is real. Just look at Rubrik, the first unicorn to go public in months
  + stars: | 2024-04-25 | by ( Bob Pisani | ) www.cnbc.com   time to read: +4 min
Last night data security firm Rubrik priced 23.5 million shares at $32, above the price talk of 23 million shares at $28-$31, raising $752 million. Rubrik is the first tech unicorn IPO since last fall. Marex Group, a UK-based financial services company known for its global clearing business, priced 15.4 million shares at $19, the midpoint of the price talk of $18-$21, raising $292 million. Loar Holdings, which makes aerospace and defense components, priced 11 million shares at $28, above the range of $24-$26, raising $308 million. All eyes on Rubrik Rubrik is an important test of the tech IPO market.
Persons: Matt Kennedy, Rubrik, Kennedy, Ingram, Del Organizations: Marex, Nasdaq, Loar Holdings, New York Stock Exchange, Viking Holdings, Arm Holdings, Renaissance Capital, UL, Astera Labs, Forge, Companies, Ingram Micro, Epic Locations: Del Monte
☆ A look at Taylor Swift’s economic power ahead of ‘The Tortured Poets Department’ release
  + stars: | 2024-04-18 | by ( Bryan Mena | ) edition.cnn.com   time to read: +11 min
The commercially successful ‘Eras’ tourThe Eras tour was massively successful in 2023 and it’ll stretch through the end of this year. John Shearer/TAS23/Getty Images Swift performs in Glendale, Arizona, during the opening weekend of "The Eras Tour" in March 2023. John Shearer/TAS23/Getty Images Swift performs during the "Evermore" section of the show in Sydney in February 2024. John Shearer/TAS23/Getty Images Fans apply jewels on their way to Swift's show in Foxborough, Massachusetts, in May 2023. John Shearer/TAS23/Getty Images In pictures: Taylor Swift's 'Eras Tour' Prev NextShe is a generous boss, too, awarding $100,000 bonuses to Eras Tour truck drivers during the summer.
Persons: Washington CNN — Taylor Swift, Swift, It’ll, ” Armen Shaomian, StubHub, “, “ Taylor Swift, hasn’t, SeatGeek, Taylor Swift, Kevin Mazur, Natasha, Ethan Miller, John Shearer, Kevin Winter, Benjamin B, Braun, Jutharat, Phoebe Bridgers, Bridgers, Raymond James, Zack Wittman, Hector Vivas, Don Arnold, TAS24, Rachel Wisniewski, Terence Rushin, Haim, Jeff Kravitz, Erin Clark, Sarah Yenesel, Sabrina Carpenter, Bob Levey, TAS23, Christopher Polk, Allen J, Taylor, ”, that’s, That’s, doesn’t, Barack Obama, Angela Merkel, Pope Francis, ” Swift Organizations: Washington CNN, Poets Department, Fortune, University of South, CNN, Swift City, Pittsburgh, MetLife Stadium, New York Times, Lincoln Financial, Washington Post, Ticketmaster, Boston Globe, Penske Media, Los Angeles Times, Federal Reserve, ” AMC Locations: University of South Carolina, North America, East Rutherford , New Jersey, Chicago, Las Vegas, Nashville , Tennessee, Glendale , Arizona, Glendale, Swift, Los Angeles, Pittsburgh, East Rutherford, Nashville, Tampa , Florida, Mexico City, Kansas City , Missouri, Sydney, Philadelphia, Atlanta, Santa Clara , California, Foxborough , Massachusetts, Coney, Houston, Inglewood , California, Cincinnati, United States, Canada, AMC’s
☆ WSJ: Justice Department will sue Live Nation for antitrust violations
  + stars: | 2024-04-16 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +2 min
New York CNN —The US Department of Justice is preparing to sue the country’s largest concert promoter and ticketing website Live Nation in the coming weeks for breaking America’s antitrust laws, the Wall Street Journal reported, citing anonymous sources familiar with the Justice Department’s plans. The lawsuit against Live Nation Entertainment, the parent company of Ticketmaster, will allege the ticketing company used its market-leading position to harm competition for live events, the Journal reported. Shares of Live Nation (LYV) dropped nearly 7% in premarket trading Tuesday. Live Nation and the Justice Department didn’t respond to CNN’s request for comment about the Journal’s report. Live Nation and Ticketmaster merged in 2010, now billing itself as the “largest live entertainment company in the world.”
Persons: Department’s, Justice Department didn’t, Taylor Swift’s, Swift, Joe Berchtold, ”, Jack Groetzinger, SeatGeek Organizations: New, New York CNN, US Department of Justice, Wall Street Journal, Live Nation Entertainment, Ticketmaster, Justice Department, Live, Republicans, Rivals Locations: New York, United States
☆ StubHub eyes summer IPO, seeks $16.5 billion valuation
  + stars: | 2024-04-12 | by ( Leslie Picker Sarah Whitten | Leslie Picker | Sarah Whitten | ) www.cnbc.com   time to read: +1 min
StubHub is eyeing a summer initial public offering, a person familiar with the matter told CNBC. The online ticketing service is aiming for a valuation of at least $16.5 billion, which is what it was valued at in late 2021 during its latest round of private funding. If StubHub does enter the public market, it will trade alongside competitors Vivid Seats and Live Nation . Vivid Seats has a market cap of $1.2 billion and Live Nation is valued at just under $24 billion, according to FactSet. StubHub, JPMorgan and Goldman Sachs all declined to comment about potential timing for an IPO.
Persons: Goldman Sachs, StubHub, Eric Baker, SeatGeek, Taylor Organizations: CNBC, JPMorgan, eBay, Vivid
☆ There are green shoots appearing in the IPO market. Here are the stocks to watch going public soon
  + stars: | 2024-04-10 | by ( Bob Pisani | ) www.cnbc.com   time to read: +6 min
Two months ago, I wrote a story entitled, "The IPO market is looking very shaky and facing challenges galore." Two months later, the IPO market is still shaky, but there are definite signs of improvement. Second, three $100 million IPOs have filed to go public in the past week, including Viking (the cruise line operator) and Rubrik, a data management platform. Greg Martin at Rainmaker Securities told me that the recent performance of Reddit and Astera Labs, "Were nice shots in the arm for the IPO market. Even with markets at new highs, the specter of interest rates creeping up is still hanging over the IPO market.
Persons: Matt Kennedy, Reddit, Greg Martin, Ibotta, Ingram, Del, Viking, Howe Ng, I'm, Martin, Rainmaker, Santosh Rao Organizations: IPOs, Viking, Renaissance Capital, Astera Labs, Rainmaker Securities, NYSE, UL Solutions, Underwriters Laboratories, Nursing, Centuri Holdings, Labs, Companies, Ingram Micro, Epic, Manhattan Venture Partners Locations: IPOs, Del Monte
☆ The two-letter word helping this lender buck the delinquency storm
  + stars: | 2024-02-27 | by ( Matt Egan | ) edition.cnn.com   time to read: +6 min
But that’s not an accident,” Max Levchin, Affirm’s CEO and a co-founder of PayPal, told CNN in a recent interview. Levchin credits a willingness to say a two-letter word, one that’s not exactly associated with the surging BNPL industry, N-O. It’s that we are honest when we tell them, ‘Hey, we don’t think you should borrow right now.’”Affirm started saying “no” more often in the spring of 2022. That’s when Levchin started observing signs of “financial stress” as inflation surged and gas prices approached record highs. “Say you’re asking to borrow to buy an $800 TV and we really don’t think it’s healthy for you, financially…We can say, ‘That’s too much now.
Persons: “ We’re, that’s, ” Max Levchin, Levchin, “ It’s, ’ ”, ”, “, Max Levchin, Gross, we’ll, ” Levchin, it’s, BNPL, There’s Organizations: New, New York CNN, PayPal, CNN, New York Fed, Target, Walmart, Royal, American Airlines, NY Fed, Federal Reserve, Biden, Trump Locations: New York, Helsinki, Finland, Royal Caribbean, Covid
☆ The IPO market is looking very shaky and facing challenges galore
  + stars: | 2024-02-01 | by ( Bob Pisani | ) www.cnbc.com   time to read: +4 min
The IPO market is looking very shaky and confronted with a host of challenges that are holding it back. Regardless, recent IPO performances have been poor across the board. IPO investors cheered the advance by bidding up the Renaissance Capital IPO ETF (IPO), a basket of recent IPOs, in December, assuming the IPO market would open up. CNBC's Jim Cramer, speaking early Thursday on Squawk on the Street , highlighted another obstacle for IPO buyers: investors are getting comfortable returns elsewhere with far lower risk. When David Faber asked why the IPO market was off to such a slow start with the markets so strong, Cramer replied, "I think it's the five percent solution," he said, referring to the ocean of money still sitting in money market funds.
Persons: Jay Powell's, Birkenstock, Smith Douglas, Amer, Greg Martin, Martin, Matt Kennedy, Kennedy, What's, Rainmaker, Del, CNBC's Jim Cramer, David Faber, Cramer Organizations: Amer, Wilson, NYSE, Smith Douglas Homes, BrightSpring, Renaissance Capital, Rainmaker Securities, Renaissance, Microsoft Locations: EBITDA, Squawk
☆ Opinion: Taylor Swift is making this the most expensive Super Bowl in history
  + stars: | 2024-01-30 | by ( Opinion Danielle Campoamor | ) edition.cnn.com   time to read: +11 min
Tickets to this year’s Super Bowl are now the most expensive in NFL history, according to SeatGeek and CBS reporting: the cheapest available at $9,858. But for an organization with a nefarious history when it comes to violence against women, does the NFL really deserve Taylor Swift? Since 2000, over 1,000 NFL players have been arrested. What’s worse, when accusations are levied against professional football players rarely if ever are they held accountable or faced with real, substantial consequences. Since her first stadium appearance, she has been wildly and falsely accused of ruining professional football for deigning to express joy publicly.
Persons: Danielle Campoamor, Taylor Swift, Travis Kelce, Andy Reid, Tony Romo —, Swift, Danielle Campoamor Ashley Batz It’s, Taylor, Jim Nantz, Isiah Pacheco, ”, didn’t, ” Daniel Sailofsky, Ray Rice, fiancé Janay Palmer, Rice, ” Rice, “, Kelce, Jason Kelce, Leonardo DiCaprio, famer, —, Tennessee Sen, Marsha Blackburn, Trump, DJ David “ Jackson ” Mueller, groping Organizations: NBC, CNN, Kansas City Chiefs, AFC Championship, CBS Sports ’, NFL Football, Chiefs, Buffalo Bills, CBS, NFL, Super Bowl, Chicago Bears, Nielsen, Apex Marketing Group, Front, Swift, Tayvis, New York Times, Baltimore Ravens, Ravens, “, Pfizer, Philadelphia Eagles, deigning, Soros, Tennessee, VAWA Locations: Colorado
☆ IPO watchers are pinning hopes for recovery on a strong stock market and the AI boom
  + stars: | 2024-01-22 | by ( Bob Pisani | ) www.cnbc.com   time to read: +8 min
Yet the main IPO ETF, the Renaissance Capital IPO ETF ( IPO ), has been for sale most of the month. "For the IPO market to open up, it would help not to have our IPO ETF down 9%," he said. Forge Global maintains a Private Market Index , a measure of 75 late-stage pre-IPO companies. "This tells you valuations are getting reset in the private market," Ng told me. Can AI save the IPO market?
Persons: Matt Kennedy, Homebuilder Smith Douglas, Don Short, Salomon, Wilson, Howe Ng, Ng, Del, Waystar, Kim Kardashian's, Short, Vincent Harrison Organizations: Renaissance Capital, Nasdaq, Amer Sports, Arc'teryx, Forge, SEC, Companies, Reuters, Auto, Turo, CNBC, Microsoft, Gaming, SpaceX, Forge Global Locations: Kazakhstan, IPOs, Pitchbook
☆ Seats for college football's national championship between Michigan and Washington are grabbing nearly $3,000 each
  + stars: | 2024-01-08 | by ( Jordan Hart | ) www.businessinsider.com   time to read: +1 min
The CFP National Championship tickets are fetching an average of nearly $3,000 each, data shows. The Michigan vs. Washington game has the costliest ticket average since 2017. Tickets on SeatGeek cost over $44,000 in one section. AdvertisementMany fans attending the Football Playoff National Championship likely paid a pretty penny to see the Huskies and the Wolverines face off. A win by Michigan or Washington will be the first time either team has won a national title since the 1990s.
Persons: —, SeatGeek Organizations: Washington, Service, Football, Huskies, Wolverines, Axios, Business, CFP, Michigan Locations: Michigan, Axios . Michigan, Washington, Alabama, Georgia
☆ Founder Collective has quietly built a seed-investing powerhouse that just raised a $95 million new fund. Its secret sauce: staying small.
  + stars: | 2023-11-08 | by ( Melia Russell | ) www.businessinsider.com   time to read: +7 min
The firm has raised $95 million for its fifth and largest fund, Founder Collective tells Insider exclusively. While it's not the splashiest shop, those in the know know Founder Collective has quietly built one of the most successful venture-capital franchises on the East Coast. Founder CollectiveFounded in 2009, Founder Collective started as a bloc of founders and investors pooling their money to invest in startups. Founder Collective has always been ruthlessly focused on the seed stage, where investors take the biggest risk in pursuit of the highest returns. "We have been fastidious and we've screamed it to anyone who will listen: capital efficiency, capital efficiency, capital efficiency," Frankel said.
Persons: Eric Paley, Collective's, it's, Beezer Clarkson, Sapphire, Clarkson, Paley, David Frankel, Frankel, Amanda Herson, Herson, we've Organizations: Sapphire Partners, Cendana, Foundry Group, Forbes, Felicis Ventures Locations: Cambridge , Massachusetts, East, Coupang, Susa
☆ Can’t Make the Concert? Livestreamers Are Coming to the Rescue.
  + stars: | 2023-11-08 | by ( Nell Gallogly | ) www.nytimes.com   time to read: +1 min
More artists got back on the road in 2022, yet still hit pandemic-related snags. Bruce Springsteen, Metallica, Drake, Travis Scott, Ed Sheeran, Morgan Wallen, Maluma and Madonna filled arenas and stadiums. Buying concert tickets, however, has become an increasingly complex and expensive endeavor as costs continue to rise and companies like Ticketmaster and SeatGeek battle bots and scalpers. Fans hoping to attend the year’s hottest tours endured a maze of presale registrations, digital waiting rooms and hourslong queues. Those fortunate enough to reach checkout were met with lofty ticket prices — some because of confusing “dynamic pricing” — and additional fees.
Persons: Covid shutdowns, Taylor Swift, Beyoncé, Bruce Springsteen, Drake, Travis Scott, Ed Sheeran, Morgan Wallen, camerapersons Organizations: Ticketmaster
☆ I use a rainy day cash fund to splurge on items like SZA tickets. My method is a little 'girl math' and a little 'cash stuffing,' but it works for me.
  + stars: | 2023-10-15 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com   time to read: +3 min
I bought SZA concert tickets with a rainy day cash fund. On the back in gold gel-pen letters, I'd written "Rainy Day Cash." Inside was a small amount of cash I'd received for my birthday a couple of months ago. Girl math became the topic of viral videos on TikTok in which women justify spending money on coffee, clothes, or concert tickets because the cost is relative to the value they place on it. Timothy Norris/GettyMy cash envelope was similar to another personal finance strategy called " cash stuffing ," by which people budget their monthly expenses in cash envelopes and only spend what they have set aside for each category.
Persons: —, Taylor, I'd, Imani Barbarin, SZA, Timothy Norris, Getty Organizations: Service, Ticketmaster, Barclays Center
☆ Taylor Swift helped lift the US economy this summer with her Eras Tour — she can't get back to the states soon enough
  + stars: | 2023-09-17 | by ( Cork Gaines | ) www.businessinsider.com   time to read: +7 min
After five months and 53 shows, the economic impact of Swift's "The Eras Tour" was monumental and non-stop. Consider the following:"Taylor Swift's 'Eras' tour is rewriting the playbook of entertainment economics," Chris Leyden, director of growth marketing at SeatGeek told CNN. "It's no surprise that people are flocking to this Eras Tour experience in what is increasingly an otherwise digital environment we live in." AdvertisementAdvertisementOne Swiftie who spoke with Insider called their "Eras Tour" trip "a little bit concert, a little bit vacation." — Taylor Swift, who is releasing a film version of "The Eras Tour."
Persons: Taylor Swift, Swift, Taylor, Chris Leyden, SeatGeek, She's, —, Omar Vega, Alice Enders, Grace Smith, Andrew Heilmann, Robert Douglas, Cork, Oppenheimer, Klaus Vedfelt Piper, Nancy Lazar, Lazar, Barbie, — Taylor Swift, Charlie Harding Organizations: Service, CNN, Bloomberg News, Enders Analysis, World Trade Organization, MediaNews, Denver, Getty, Moody's, Cork Gaines, Bloomberg, Global, Fox News Digital, WGA Locations: Wall, Silicon, Arlington , Texas, LA, —, Hollywood
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