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FYI

Ticketmaster Facing Class Action Suits Over Ticket Resales

Following the explosive reports about Ticketmaster working with touts to inflate ticket prices for their own betterment, a joint investigative team led by The Toronto Star and the CBC has, apparent

Ticketmaster Facing Class Action Suits Over Ticket Resales

By FYI Staff

Following the explosive reports about Ticketmaster working with touts to inflate ticket prices for their own betterment, a joint investigative team led by The Toronto Star and the CBC has, apparently, put more meat on the bone for at least two class action suits against the publicly traded entertainment behemoth.


The impact of the investigation, and the outcome of the separate suits in Canada and the US remains to be seen; however, the growing live event infrastructure, a rise in disposable income, and the evolution of mobile ticket sales have created big growth opportunities in the global secondary ticket market, where many world’s leading ticket resellers are making huge revenues every year.

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According to a report from Technavio, the global secondary ticket market is expected to reach a total value of US$15.19 billion by 2020. The report identifies that the increased utilization of mobile apps will be one of the significant factors that will have a positive impact on the growth of the market. Technavio’s market research analysts predict that this market will grow at a CAGR of around 13% by 2021.

– Sources: The Toronto Star, Technavio

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Drake Says He’s Working on a ‘Slap’ of a New Album During Adin Ross Livestream
Rb Hip Hop

Drake Says He’s Working on a ‘Slap’ of a New Album During Adin Ross Livestream

The OVO crooner dropped his last solo LP back in 2023.

Drake announced during a livestream with Adin Ross that he’s working on a new album, and the OVO leader is extremely excited about it.

On Sunday (April 13), Drizzy hopped on a Kick livestream with Adin Ross as part of a partnership giveaway with digital gambling platform Stake. During the lengthy hang, Drake took a moment to thank his supporters for streaming his $exy $ongs 4 U project with PARTYNEXTDOOR, which dropped back in February.

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