Skip to main content
https://www.highperformancecpmgate.com/rgeesizw1?key=a9d7b2ab045c91688419e8e18a006621

Festicket acquires Event Genius and Ticket Arena

Festicket, the U.K.-headquartered festival booking platform, has acquired U.K.-based ticketing and cashless point-of-sale (POS) platform Event Genius. The sale also includes Event Genius’s consumer facing brand, Ticket Arena, while further terms of the deal aren’t being disclosed.

Founded by Reshad Hossenally, Event Genius offers a complete event solution for event organisers, spanning things like online ticket sales, POS software, ticket scanning, seat reservations, marketing and analytics. It has powered major events including Wales Rally GB, Motion Bristol, Annie Mac’s Lost & Found Festival, Summer Daze, Ibiza Rocks and BPM Festival.

Festicket co-founder and CEO Zack Sabban tells me that over the last couple of years the company has invested heavily in the B2C side of its platform to help users discover new festival experiences and book festival trips, and this year that has paid off with accelerated growth from long tail events. Therefore, in order to continue on this growth trajectory, it was agreed with the board that Festicket needed to invest more in B2B tools to operationally scale the way it works with its network of ~8,000 suppliers.

“Giving them more independence on the Festicket two-sided platform via self-service tools would allow us to be more deeply integrated into suppliers’ supply chains and ultimately optimise our units economics,” he says. The Event Genius acquisition is clearly the start of this.

To that end, the resulting “Event Genius by Festicket” will be an end-to-end platform for organisers and fans alike, says Festicket, providing a complete offering for the live entertainment industry.

The platform aims to bring together “technology and expertise” covering ticketing, accommodation, travel & packages, marketing, data & analytics, access control, POS/cashless payment services, fan engagement tools, and more.

Meanwhile, Event Genius’s 20+ staff, based in Leeds in the U.K., are joining Festicket. This also includes Event Genius founder Hossenally, who becomes Festicket Chief Supply Chain Officer.

Comments

Post a Comment

Popular posts from this blog

Uber co-founder Garrett Camp steps back from board director role

Uber co-founder Garrett Camp is relinquishing his role as a board director and switching to board observer — where he says he’ll focus on product strategy for the ride hailing giant. Camp made the announcement in a short Medium post in which he writes of his decade at Uber: “I’ve learned a lot, and realized that I’m most helpful when focused on product strategy & design, and this is where I’d like to focus going forward.” “I will continue to work with Dara [Khosrowshahi, Uber CEO] and the product and technology leadership teams to brainstorm new ideas, iterate on plans and designs, and continue to innovate at scale,” he adds. “We have a strong and diverse team in place, and I’m confident everyone will navigate well during these turbulent times.” The Canadian billionaire entrepreneur signs off by saying he’s looking forward to helping Uber “brainstorm the next big idea”. Camp hasn’t been short of ideas over his career in tech. He’s the co-founder of the web 2.0 recommendatio...
Post a Comment
Read more

Drone crash near kids leads Swiss Post and Matternet to suspend autonomous deliveries

A serious crash by a delivery drone in Switzerland have grounded the fleet and put a partnership on ice. Within a stone’s throw of a school, the incident raised grim possibilities for the possibilities of catastrophic failure of payload-bearing autonomous aerial vehicles. The drones were operated by Matternet as part of a partnership with the Swiss Post (i.e. the postal service), which was using the craft to dispatch lab samples from one medical center for priority cases. As far as potential applications of drone delivery, it’s a home run — but twice now the craft have crashed, first with a soft landing and the second time a very hard one. The first incident, in January, was the result of a GPS hardware error; the drone entered a planned failback state and deployed its emergency parachute, falling slowly to the ground. Measures were taken to improve the GPS systems. The second failure in May, however, led to the drone attempting to deploy its parachute again, only to sever the line...
Post a Comment
Read more

How the world’s largest cannabis dispensary avoids social media restrictions

Planet 13 is the world’s largest cannabis dispensary. Located in Las Vegas, blocks off the Strip, the facility is the size of a small Walmart. By design, it’s hard to miss. Planet 13 is upending the dispensary model. It’s big, loud and visitors are encouraged to photograph everything. As part of the cannabis industry, Planet 13 is heavily restricted on the type of content it can publish on Instagram, Facebook and other social media platforms. It’s not allowed to post pictures of buds or vapes on some sites. It can’t talk about pricing or product selection on others.   View this post on Instagram   A post shared by Morgan Celeste SF Blogger (@bayareabeautyblogger) on Jan 25, 2020 at 7:54pm PST Instead, Planet 13 encourages its thousands of visitors to take photos and videos. Starting with the entrance, the facility is full of surprises tailored for the ‘gram. As a business, Planet 13’s social media content is heavily restricted a...
3 comments
Read more