Vivid Seats, an online ticket resale marketplace, is considering a sale following interest from potential buyers. The Chicago-based company, which competes with StubHub and SeatGeek, has enlisted financial advisers to evaluate purchase offers, with several private equity firms expressing interest in acquiring the business, Bloomberg reported last week (December 30, 2024), citing people with knowledge … Continued
Universal Music Group (UMG) and Amazon Music have jointly announced a renewed worldwide licensing agreement today (December 23). According to a press release, the deal encompasses an “expanded global relationship that will enable further innovation, exclusive content with UMG artists, and advancement of artist-centric principles including increased fraud protection“. The PR claims that the deal … Continued