What is the Online Event Ticket Sales industry?
The Online Event Ticket Sales industry generates revenue from the sale of tickets for popular music concerts, musicals, operas, dance performances, classical music concerts, theatre performances, football matches and other sporting events. Industry operators sell tickets for these events on behalf of venue clients, such as stadiums, performing arts venues and theatres. Ticketing agencies charge service and handling fees on tickets and retain a percentage of the ticket price. The amount earned by industry operators therefore highly depends on ticket prices.
Popular music concert tickets
The online sale of popular music concert tickets accounts for the largest share of industry revenue at an estimated 36.9% in 2015-16... purchase to read more