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Vivid Seats Inc's Business Segments
Vivid Seats Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
13
Largest Segment
Consolidated
Total Revenue
$ 126
Regions Reported
-
Revenue Share by Reportable Segment - FY
- Consolidated0%
- Market Place0%
- Owned Properties0%
- Subsidiaries100%
- Consolidated Subsidiaries100%
- Marketplace Subsidiaries77.5%
- Concerts68.4%
- Sports56.7%
- Resale43.1%
- Theater28.7%
- Resale Subsidiaries22.5%
- Private Label15.1%
- Other6.5%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Consolidated | $ 256 | - |
| Market Place | $ 201 | - |
| Owned Properties | $ 182 | - |
10 more segments available
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Annual Results
Revenue Share by Reportable Segment - FY
- Consolidated0%
- Market Place0%
- Owned Properties0%
- Subsidiaries100%
- Consolidated Subsidiaries100%
- Marketplace Subsidiaries77.5%
- Concerts68.4%
- Sports56.7%
- Resale43.1%
- Theater28.7%
- Resale Subsidiaries22.5%
- Private Label15.1%
- Other6.5%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Consolidated | $ 256 | - |
| Market Place | $ 201 | - |
| Owned Properties | $ 182 | - |
10 more segments available
Sign in to unlock the full Vivid Seats Inc dataset.
Description of Vivid Seats Inc
Vivid Seats Inc. is an online marketplace for buying and selling tickets to various live events, including concerts, sports games, theater performances, comedy shows and more. The company was founded in 2001 by Eric Vassilatos and Jerry Bednyak, with its headquarters located in Chicago, Illinois.
As a secondary ticket marketplace, Vivid Seats Inc. provides customers with access to a wide range of events and tickets, including sold-out events and premium seating options. The company also offers a 100% buyer guarantee and a secure purchasing process to ensure customer satisfaction.
Vivid Seats Inc. operates through its website and mobile app, which provides customers with an easy-to-use platform for browsing, selecting and purchasing tickets. The platform features interactive seating maps, seating charts and real-time inventory updates, allowing customers to find the best tickets for their preferred events and venues.
The company partners with various industry leaders and organizations, including Ticketmaster, the National Football League (NFL), Major League Baseball (MLB), the National Hockey League (NHL), and the National Basketball Association (NBA) to provide customers with access to a vast range of events and tickets.
Vivid Seats Inc. has received numerous accolades and awards for its exceptional customer service, ease of use and overall customer experience. The company has also been recognized for its philanthropic efforts, supporting various causes and initiatives through its Vivid Cares program.
Overall, Vivid Seats Inc. has become a trusted and reputable platform for buying and selling tickets, providing customers with access to a wide range of events and tickets while ensuring a secure and easy-to-use purchasing process.
As a secondary ticket marketplace, Vivid Seats Inc. provides customers with access to a wide range of events and tickets, including sold-out events and premium seating options. The company also offers a 100% buyer guarantee and a secure purchasing process to ensure customer satisfaction.
Vivid Seats Inc. operates through its website and mobile app, which provides customers with an easy-to-use platform for browsing, selecting and purchasing tickets. The platform features interactive seating maps, seating charts and real-time inventory updates, allowing customers to find the best tickets for their preferred events and venues.
The company partners with various industry leaders and organizations, including Ticketmaster, the National Football League (NFL), Major League Baseball (MLB), the National Hockey League (NHL), and the National Basketball Association (NBA) to provide customers with access to a vast range of events and tickets.
Vivid Seats Inc. has received numerous accolades and awards for its exceptional customer service, ease of use and overall customer experience. The company has also been recognized for its philanthropic efforts, supporting various causes and initiatives through its Vivid Cares program.
Overall, Vivid Seats Inc. has become a trusted and reputable platform for buying and selling tickets, providing customers with access to a wide range of events and tickets while ensuring a secure and easy-to-use purchasing process.
Vivid Seats Inc. serves as a comprehensive online marketplace that connects buyers and sellers of tickets for various live events. This extensive offering includes a variety of segments, products, and services tailored to meet the diverse preferences and needs of its customers.
Segments:
1. Sports Events
Vivid Seats provides access to a broad spectrum of sporting events across multiple leagues and organizations. This includes professional leagues such as the NFL (National Football League), NBA (National Basketball Association), NHL (National Hockey League), and MLB (Major League Baseball), as well as college sports (NCAA) encompassing football and basketball. Additionally, the platform caters to fans of combat sports, offering tickets to UFC (Ultimate Fighting Championship) events. Customers can efficiently navigate the site by searching for tickets based on specific teams, venues, or individual events, facilitating an optimized ticket-buying experience.
2. Concerts
The concert segment of Vivid Seats encompasses a wide range of music genres, featuring popular artists and emerging talents across various musical styles including pop, country, classic rock, and electronic dance music (EDM). Users can search and filter tickets by their favorite artists or venues and can easily organize available tickets based on date, genre, or price range. This vast selection allows music enthusiasts to find concerts that match their interests, enhancing their overall experience.
3. Theater
Vivid Seats recognizes the allure of theater and live performances by providing tickets to a plethora of shows, including Broadway productions, regional theater performances, and touring musicals and plays. Customers have the option to search for tickets based on specific shows, genres, or theaters, ensuring they can find an array of options to suit their entertainment desires.
4. Festivals
Music festivals represent a significant part of Vivid Seats offerings, giving customers access to major events like Coachella, Bonnaroo, and Lollapalooza. Users can search for tickets using festival names or location, and they can filter results by date and pricing, making the selection process straightforward and user-friendly.
Products:
1. Tickets
The primary product offered by Vivid Seats is tickets. The platform provides a variety of ticket options, including general admission, VIP packages, and premium suite tickets. Depending on the event and venue, customers may also have the choice of mobile or e-tickets, which facilitate ease of access and convenience.
2. Parking Passes
To enhance convenience, Vivid Seats allows customers to purchase parking passes, enabling them to secure closer parking options. This feature helps attendees avoid the stress of finding parking on the day of the event.
3. Gift Cards
Vivid Seats offers gift cards, making it easy for customers to give the gift of experiences to friends and family. Gift cards can be applied towards any ticket purchase, providing flexibility and choice for the recipients.
Services:
1. Interactive Seat Maps
Vivid Seats features interactive seat maps providing a visual representation of venue layouts, allowing customers to view seating arrangements and select their preferred spots. This tool enhances the purchasing process by offering insights into the sightlines and comfort level from different seating options.
2. 100% Buyer Guarantee
The company prioritizes customer satisfaction and trust by offering a 100% Buyer Guarantee. This assurance includes the authenticity of all tickets sold and guarantees delivery on time. In the case of event cancellations, Vivid Seats commits to facilitating refunds or assisting customers in securing alternative tickets for other events.
3. Customer Service
Vivid Seats is dedicated to providing exceptional customer service with around-the-clock support available through various channels, including phone, live chat, and email. This commitment ensures that customers can address any questions, concerns, or issues related to their tickets promptly and efficiently.
4. E-Ticket Delivery
To streamline the ticket purchasing experience, Vivid Seats utilizes e-ticket delivery systems. This allows customers to receive their tickets directly via email, eliminating the need for physical delivery and reducing wait times associated with ticket pick-up.
In summary, Vivid Seats Inc. offers a comprehensive portfolio of segments, products, and services designed to streamline the ticket-buying process for live events. By focusing on customer convenience, accessibility, and unparalleled support, Vivid Seats stands out as a leading marketplace where fans can easily explore and purchase tickets to their favorite entertainment experiences.
Segments:
1. Sports Events
Vivid Seats provides access to a broad spectrum of sporting events across multiple leagues and organizations. This includes professional leagues such as the NFL (National Football League), NBA (National Basketball Association), NHL (National Hockey League), and MLB (Major League Baseball), as well as college sports (NCAA) encompassing football and basketball. Additionally, the platform caters to fans of combat sports, offering tickets to UFC (Ultimate Fighting Championship) events. Customers can efficiently navigate the site by searching for tickets based on specific teams, venues, or individual events, facilitating an optimized ticket-buying experience.
2. Concerts
The concert segment of Vivid Seats encompasses a wide range of music genres, featuring popular artists and emerging talents across various musical styles including pop, country, classic rock, and electronic dance music (EDM). Users can search and filter tickets by their favorite artists or venues and can easily organize available tickets based on date, genre, or price range. This vast selection allows music enthusiasts to find concerts that match their interests, enhancing their overall experience.
3. Theater
Vivid Seats recognizes the allure of theater and live performances by providing tickets to a plethora of shows, including Broadway productions, regional theater performances, and touring musicals and plays. Customers have the option to search for tickets based on specific shows, genres, or theaters, ensuring they can find an array of options to suit their entertainment desires.
4. Festivals
Music festivals represent a significant part of Vivid Seats offerings, giving customers access to major events like Coachella, Bonnaroo, and Lollapalooza. Users can search for tickets using festival names or location, and they can filter results by date and pricing, making the selection process straightforward and user-friendly.
Products:
1. Tickets
The primary product offered by Vivid Seats is tickets. The platform provides a variety of ticket options, including general admission, VIP packages, and premium suite tickets. Depending on the event and venue, customers may also have the choice of mobile or e-tickets, which facilitate ease of access and convenience.
2. Parking Passes
To enhance convenience, Vivid Seats allows customers to purchase parking passes, enabling them to secure closer parking options. This feature helps attendees avoid the stress of finding parking on the day of the event.
3. Gift Cards
Vivid Seats offers gift cards, making it easy for customers to give the gift of experiences to friends and family. Gift cards can be applied towards any ticket purchase, providing flexibility and choice for the recipients.
Services:
1. Interactive Seat Maps
Vivid Seats features interactive seat maps providing a visual representation of venue layouts, allowing customers to view seating arrangements and select their preferred spots. This tool enhances the purchasing process by offering insights into the sightlines and comfort level from different seating options.
2. 100% Buyer Guarantee
The company prioritizes customer satisfaction and trust by offering a 100% Buyer Guarantee. This assurance includes the authenticity of all tickets sold and guarantees delivery on time. In the case of event cancellations, Vivid Seats commits to facilitating refunds or assisting customers in securing alternative tickets for other events.
3. Customer Service
Vivid Seats is dedicated to providing exceptional customer service with around-the-clock support available through various channels, including phone, live chat, and email. This commitment ensures that customers can address any questions, concerns, or issues related to their tickets promptly and efficiently.
4. E-Ticket Delivery
To streamline the ticket purchasing experience, Vivid Seats utilizes e-ticket delivery systems. This allows customers to receive their tickets directly via email, eliminating the need for physical delivery and reducing wait times associated with ticket pick-up.
In summary, Vivid Seats Inc. offers a comprehensive portfolio of segments, products, and services designed to streamline the ticket-buying process for live events. By focusing on customer convenience, accessibility, and unparalleled support, Vivid Seats stands out as a leading marketplace where fans can easily explore and purchase tickets to their favorite entertainment experiences.