Record 20m tickets sold boosts strong 2018 for Vivendi
Vivendi's various ticketing platforms, which now include the Netherlands' Paylogic, turned over €58m last year, adding to recorded music success for UMG
News By | 18 February 2019
Vivendi Village, the Vivendi business unit which includes the French media giant’s live entertainment and ticketing holdings, grew turnover 12.6%, to €123 million, in 2018, amid a strong year for the group as a whole.
Vivendi Village includes Vivendi Ticketing – See Tickets (UK and US), Digitick and Paylogic – live event producers Vivendi Talents&Live and Olympia Production, and several music venues and festivals in France and Africa.
Ticketing revenues were €58m, up 9.9% year on year, boosted by the acquisition of Paylogic in April 2018. In 2018, for the first time, Vivendi Ticketing sold more than 20 million tickets in the UK, continental Europe and the United States.
Ticketing revenues were €58m, up 9.9% year on year
Elsewhere, live entertainment posted revenues of €34m – a huge rise of 94.9% on 2017.…
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