Ticketmaster Entertainment LLC
About Ticketmaster Entertainment LLC
Company overview
Ticketmaster Entertainment LLC, a company providing a platform for fans to access tickets for a wide array of events. Established with the mission to connect fans with their favorite live experiences, Ticketmaster has become synonymous with the ticketing industry. The company operates as a crucial intermediary between event organizers, venues, and ticket buyers, facilitating seamless transactions and enhancing the overall live event experience. Product Breakdown: Ticket Sales Platform: Ticketmaster's core product is its online ticket sales platform, accessible through the website. This platform enables users to browse, select, and purchase tickets for a diverse range of live events, including concerts, sports events, theater performances, and more. Event Discovery and Information: In addition to ticket sales, Ticketmaster provides a wealth of information about upcoming events. Users can explore event details, including venue information, seating charts, artist lineups, and event dates, helping them make informed decisions about their live entertainment choices. Interactive Seat Maps: The platform offers interactive seat maps for various venues, allowing users to view and choose their preferred seats based on personal preferences, budget, and the overall event experience. Ticket Protection and Insurance: Ticketmaster provides options for ticket protection and insurance, offering users peace of mind in case they are unable to attend an event due to unforeseen circumstances. This service may include coverage for cancellations, postponements, or other specified conditions. Mobile Ticketing: Embracing digital trends, Ticketmaster offers mobile ticketing options. Users can store their tickets digitally on their mobile devices, facilitating easy access, entry, and sharing of tickets. Fan-to-Fan Resale Platform: Ticketmaster's resale platform allows users to buy and sell tickets in a secure and regulated marketplace. This feature enables fans to resell tickets they cannot use while ensuring a fair and transparent transaction process. VIP Packages and Experiences: For enthusiasts seeking a premium experience, Ticketmaster provides VIP packages and exclusive event experiences. These packages may include perks such as backstage access, meet-and-greets with artists, and premium seating. Marketing and Analytics Services: Ticketmaster offers marketing and analytics services to event organizers, helping them promote their events and optimize ticket sales. This may involve targeted advertising, data analytics, and insights into fan behavior.
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Revenue
EBITDA
Valuation
| Line Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenues | $380 MM | $250 MM | $90 MM | $120 MM | $65 MM |
| Gross Profit | $190 MM | $125 MM | $45 MM | $60 MM | $32.50 MM |
| Net Income (Loss) | $43 MM | $25 MM | $9 MM | $12 MM | $6.50 MM |
| Line Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Total Assets | $850 MM | $720 MM | $680 MM | $650 MM | $600 MM |
| Total Liabilities | $450 MM | $400 MM | $380 MM | $350 MM | $320 MM |
| Total Equity | $400 MM | $320 MM | $300 MM | $300 MM | $280 MM |
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Employee Figures
Key Executives
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401K
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
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