Commissioners on Venues: Figuring Out Technology, Finding the Right Capacity
The WNBA’s Cathy Engelbert, MLS’ Don Garber and the NBA’s Adam Silver on the Sept. 10...
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Author: Rob Knapp
VN Conference: Capital Keeps Flowing for Projects
Larry Cyrlin, Peter Dorfman, Hannah Gordon and Jerry Parisi with moderator Alan Hoffman on the finance panel Tuesday at the VenuesNow Conference. While public funding continues to become less of a factor in facility development, bank lenders and institutional investors, familiar with the successful track record of sports and entertainment venues and buoyed by a good economy, are eager to do business. “As a bank, we’re in the business of taking risks,” said Peter Dorfman, managing director of the Sports & Entertainment Specialty Group at SunTrust and a panel member Tuesday for “Capital Ideas: Private Placement in Sports and Live Entertainment Venues” at the VenuesNow Conference in New York City. Sports stadiums and arenas with tenant teams provide a variety of revenue streams that can be pledged as assets toward the financing, including premium seating and suite income, seat licenses, sponsorships, concessions, merchandise and parking, said Jerry Parisi, managing director of… Continue Reading VN Conference: Capital Keeps Flowing for Projects
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Read MoreEtix Blast! Gets Rolling in Raleigh
Ticketer delivers diverse group of sessions for conference North Carolina-based ticketing company Etix, which has market footholds in music clubs, fairs and festivals, historic theaters and performing arts centers, launches the 2019 edition of its Etix Blast! conference Thursday in downtown Raleigh. With its diverse client list, Etix will offer something for just about everyone, though the building blocks of the business show up throughout two days of sessions: marketing, tech, customer service, ticket security and strategies for running a better box office. An audience of 150 to 200 clients and prospective clients is expected this year. Etix threw its first Blast! in 2014. CEO Travis Janovich and Chris Battaglino, senior product manager, lead off Thursday with a look at the company’s highlights from the last 20 years and a vision of what’s to come. Panels to follow over the rest of the day and Friday include: “Help Me, Help… Continue Reading Etix Blast! Gets Rolling in Raleigh
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Pacnet ’19: Making the Numbers Work
Clemson cross-referenced data from licensed merchandise partner Fanatics with its own to produce new insights. (Getty Images) Data experts say taking the first step can lead to big discoveries Data can provide a ticketing operation innumerable ways to make itself better. Perhaps that’s what makes data scary to some. “For me, a few years ago, it seemed like this stuff was really, really overwhelming,” said Mario Morris, chief financial officer and associate athletic director for the University of Wisconsin. “I love data; I’ve loved data since I was a kid; I like to process information, but there’s so many solutions out there,” citing all the companies and products in the field to choose from. But Morris and two other data pros from university athletic departments said taking that deep dive into numbers had improved both their ticketing operations and other parts of their businesses. “I think we’re in a transformational time… Continue Reading Pacnet ’19: Making the Numbers Work
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Pacnet ’19 Notebook
Jamie Vosmeier led the delegation from the Fox Theatre in Atlanta as it accepted the Founder’s Award. (Courtesy Paciolan) Paciolan partners on insurance with TicketGuardian Chief technology officer Keith White announced during the Pacnet opening session that Paciolan had launched ticketing insurance through a partnership with TicketGuardian. White noted it would not only give buyers piece of mind but also might persuade prospective purchasers to hit the “buy” button. Mississippi State University and the University of Colorado are among the first of Paciolan’s clients offering the insurance. Newport Beach, Calif.-based TicketGuardian recently announced an $8 million Series A funding round led by American Family Ventures and IA Capital Group, bringing its total funding to $13 million. STARS WITH A NEW TWIST The annual Pacnet Star of the Year Awards expanded by a category, adding Event of the Year, and also inaugurated a new method of picking the winners. After Paciolan selected the… Continue Reading Pacnet ’19 Notebook
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