theater
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A consolidation in the advance movie ticketing space is happening today, with Fandango’s announcement that it’s acquiring rival MovieTickets.com for an undisclosed sum. The deal, which is expected to close before year-end, will help Fandango expand its international footprint, particularly in Latin America, as well as bring new cinemas to its ticketing platform. Read More
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Concerts! Sports! Theater? Event startups have largely ignored musicals and plays but the fact is they’re an enormous business driven by high-spending theater addicts “whales”. That’s why TodayTix built an app for them, and now that it’s selling 2% to 3% of tickets for most Broadway shows in New York City, it’s raised a $6.1 million Series A to bring its app… Read More
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Mobile accounted for more than 50% of ecommerce last year, yet was just 0.08% of Broadway sales. TodayTix is changing that with its last-minute theater ticket app, and it’s making good money along the way. Six months after launch, the startup has 120,000 users, 15 employees, is making a hefty 12% margin on purchases, and is set to sell 1% to 2% of all Broadway tickets in 2014. The… Read More
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