[Ranking] TOP 25 Event Ticketing / Media Companies Q3/2023
Intro
The event ticketing industry plays a vital role in the global economy, serving as a key component of the media sector. Event ticketing platforms enable individuals to purchase tickets for a wide range of live events, including concerts, sports games, theater performances, and more. By facilitating the sale and distribution of tickets, these companies contribute to the success and profitability of various entertainment and cultural events.
With the rise of digital platforms and the increasing demand for live experiences, the event ticketing industry has experienced a profound influence that extends beyond its immediate reach. The success of event ticketing companies has a ripple effect across diverse sectors, including the music industry, sports organizations, performing arts, and tourism. Moreover, these companies have become crucial partners for event organizers and promoters, providing them with the necessary tools to effectively manage ticket sales and enhance the overall event experience.
The economic magnitude of the event ticketing industry is significant and continues to grow. In recent years, the industry has witnessed substantial growth, driven by technological advancements and the increasing popularity of live events. According to market research, the global event ticketing market is projected to reach a value of $67.99 billion by 2027, with a compound annual growth rate of 4.8%. This upward trajectory highlights the industry's potential for further expansion and innovation.
As the event ticketing industry evolves, it faces various trends, breakthroughs, and obstacles that shape its landscape. One notable trend is the shift towards mobile ticketing, with more consumers preferring to use their smartphones as digital tickets. Additionally, advancements in artificial intelligence and data analytics have enabled event ticketing companies to personalize the ticket-buying experience and provide valuable insights to event organizers. However, the industry also faces challenges such as ticket scalping, fraudulent activities, and the need to ensure fair access to tickets for all consumers.
The event ticketing industry is a dynamic and ever-changing landscape, driven by technological advancements, changing consumer preferences, and market dynamics. Keeping pace with these changes is crucial for the success of event ticketing companies. In this article, we will explore the top companies in the event ticketing sub-industry, examining their strategies, innovations, and contributions to the overall media sector.
Ranking
#25 Imax Corporation
Employees: 1.6K
Revenue: 1B$
Website: https://www.imax.com
Description: Imax Corporation, headquartered in Los Angeles, United States, is a prominent player in the Event Ticketing industry within the Media sector. Founded in 1967, Imax operates as a leading provider of immersive cinema experiences, specializing in large-format film presentations. With a workforce of approximately 1.6 thousand employees, the company generates an estimated revenue of 1 billion dollars. Imax's state-of-the-art theaters deliver an unparalleled visual and audio experience, showcasing a wide range of Hollywood blockbusters and documentaries to audiences worldwide. The company's cutting-edge technology, including proprietary projection systems and sound enhancements, sets it apart in the entertainment industry. Imax continues to revolutionize the movie-going experience, offering viewers a unique and captivating way to enjoy films on the big screen.
#24 World Wrestling Entertainment, Inc.
Employees: 1.5K
Revenue: 1.1B$
Website: https://www.wwe.com/
Description: World Wrestling Entertainment, Inc. (WWE) is a global entertainment company operating in the Event Ticketing industry. Headquartered in Stamford, United States, WWE was founded in 1952. With approximately 1.5 thousand employees, WWE generates an annual revenue of 1.1 billion dollars. WWE is primarily known for its professional wrestling events and programming, including flagship shows such as Raw and SmackDown. Through its live events, pay-per-view broadcasts, and digital platforms, WWE offers fans a unique experience that combines athleticism, storytelling, and entertainment. The company has a strong presence in the media industry, captivating audiences worldwide with its larger-than-life characters, dramatic storylines, and memorable moments. WWE continues to be a dominant force in the Event Ticketing sector, drawing millions of fans to its electrifying events and creating a global community of passionate wrestling enthusiasts.
#23 Cineplex Inc.
Employees: 10K
Revenue: 1.2B$
Website: https://www.cineplex.com
Description: Cineplex Inc. is a leading entertainment company operating in the Event Ticketing industry within the Media sector. Headquartered in Toronto, Canada, Cineplex has been in operation since 1912. With a workforce of approximately 10,000 employees, Cineplex generates an annual revenue of around 1.2 billion US dollars. The company is primarily focused on providing event ticketing services, offering customers the opportunity to purchase tickets for various entertainment events, including movies, concerts, and live performances. Through its website and mobile applications, Cineplex provides a convenient platform for users to browse, select, and purchase tickets for their preferred events. With its long-standing presence in the industry, Cineplex has established itself as a trusted brand, delivering high-quality entertainment experiences to its customers.
#22 Metro-Goldwyn-Mayer Studios Inc.
Employees: 2.5K
Revenue: 1.3B$
Website: https://www.mgm.com
Description: Metro-Goldwyn-Mayer Studios Inc. (MGM) is a renowned entertainment company operating in the Event Ticketing industry. With its headquarters in Los Angeles, United States, MGM has been a major player in the media industry since its founding in 1924. The company employs approximately 2.5 thousand employees and generates an estimated annual revenue of 1.3 billion dollars. MGM's activities in the Event Ticketing industry encompass the production and distribution of various media content, including films, television programs, and digital content. Through its diverse portfolio, MGM engages in the creation and promotion of entertainment experiences, providing event ticketing services for a wide range of audiences worldwide.
#21 Lions Gate Entertainment Corp.
Employees: 1.5K
Revenue: 1.4B$
Website: https://www.lionsgate.com/
Description: Lions Gate Entertainment Corp., headquartered in Santa Monica, United States, is a prominent player in the Event Ticketing industry. Founded in 1997, the company has approximately 1.5 thousand employees. With a revenue of 1.4 billion dollars, Lions Gate Entertainment Corp. is a major contributor to the media industry. The company operates in the event ticketing sector, offering services related to ticket sales, distribution, and management. Lions Gate Entertainment Corp. leverages its expertise to provide seamless and efficient ticketing solutions for various events, including concerts, sports games, theater performances, and more. With its strong presence and industry experience, the company continues to play a significant role in shaping the event ticketing landscape.
#20 Paramount Pictures Corporation
Employees: 3K
Revenue: 1.5B$
Website: https://www.paramount.com/
Description: Paramount Pictures Corporation, headquartered in Los Angeles, United States, is a prominent player in the Event Ticketing industry. Founded in 1912, the company has a workforce of approximately 3,000 employees. Paramount Pictures generates an annual revenue of around 1.5 billion dollars. The company is known for its involvement in the production, distribution, and exhibition of various forms of entertainment content including films, television series, and digital content. With a rich history spanning over a century, Paramount Pictures has established itself as one of the leading entities in the media industry, delivering captivating and diverse content to audiences worldwide.
#19 Madison Square Garden Entertainment Corp.
Employees: 2K
Revenue: 1.5B$
Website: https://www.msgentertainment.com
Description: Madison Square Garden Entertainment Corp. is a prominent player in the event ticketing industry. Headquartered in New York City, United States, the company operates in North America. Founded in 2010, the company has a workforce of approximately 2,000 employees. With a revenue of 1.5 billion dollars, Madison Square Garden Entertainment Corp. offers a wide range of event ticketing services. Their website serves as a platform for customers to purchase tickets for various events, including concerts, sports games, and live shows. As a leading player in the industry, Madison Square Garden Entertainment Corp. has established itself as a go-to destination for event ticketing, providing customers with a seamless and convenient experience.
#18 20th Century Studios
Employees: 2.5K
Revenue: 2.3B$
Website: https://www.20thcenturystudios.com/
Description: 20th Century Studios, headquartered in Los Angeles, United States, is a prominent player in the Event Ticketing industry. The company was founded in 1935 and currently employs approximately 2.5 thousand employees. With an annual revenue of 2.3 billion dollars, 20th Century Studios has established itself as a major force in the media industry. The company focuses on providing event ticketing services, facilitating the sale and distribution of tickets for various events such as concerts, sports games, theatrical performances, and more. With its extensive network and advanced technology, 20th Century Studios ensures smooth and efficient ticketing processes, enhancing the overall experience for event-goers.
#17 Cinemark Holdings, Inc.
Employees: 20K
Revenue: 3.2B$
Website: https://www.cinemark.com
Description: Cinemark Holdings, Inc. is a leading event ticketing company in the Media industry. Headquartered in Plano, United States, the company was founded in 1984. With a workforce of approximately 20,000 employees, Cinemark operates a vast network of theaters and provides ticketing services for various events. The company generates a revenue of around 3.2 billion dollars. Cinemark is known for its state-of-the-art theaters, offering immersive cinematic experiences to audiences worldwide. Through its website and mobile app, Cinemark enables customers to conveniently purchase tickets for movies, concerts, and other entertainment events. With its commitment to innovation and customer satisfaction, Cinemark continues to be a major player in the event ticketing industry.
#16 Sony Music Entertainment
Employees: 10K
Revenue: 4B$
Website: https://www.sonymusic.com
Description: Sony Music Entertainment, headquartered in New York, United States, is a leading player in the Event Ticketing industry within the Media sector. Founded in 1929, the company has a workforce of approximately 10,000 employees. With a revenue of around 4 billion dollars, Sony Music Entertainment is involved in various activities related to event ticketing. They provide ticketing services for a wide range of events, including concerts, music festivals, and live performances. Through their extensive network and partnerships, Sony Music Entertainment offers a seamless ticketing experience to fans worldwide, ensuring they have access to the best seats and exclusive experiences. With their expertise and industry connections, Sony Music Entertainment plays a crucial role in connecting artists with their fans by facilitating ticket sales and enhancing the overall event experience.
#15 Warner Music Group Corp.
Employees: 5K
Revenue: 4.5B$
Website: https://www.wmg.com
Description: Warner Music Group Corp. is a prominent player in the Event Ticketing industry. Headquartered in New York City, United States, the company was founded in 1958. With a workforce of approximately 5,000 employees, Warner Music Group Corp. operates in North America. The company generates a revenue of around 4.5 billion dollars. Warner Music Group Corp. specializes in various activities related to event ticketing and operates as a leading media company in the industry. They work closely with artists, promoters, venues, and fans to ensure seamless ticketing experiences for concerts, festivals, and other live events. Through their innovative ticketing solutions and strategic partnerships, Warner Music Group Corp. is committed to enhancing the overall event experience and driving growth in the industry.
#14 AMC Entertainment Holdings, Inc.
Employees: 27K
Revenue: 5B$
Website: https://www.amctheatres.com/
Description: AMC Entertainment Holdings, Inc. is a leading event ticketing company in the Media industry. Headquartered in Leawood, United States, AMC operates primarily in North America. Established in 1920, AMC has a long-standing history in the entertainment industry. With approximately 27,000 employees, the company manages a vast network of theaters and cinemas offering a wide range of movies, including blockbuster releases, independent films, and special screenings. AMC generates significant revenue, with an estimated 5 billion dollars in annual earnings. Committed to providing exceptional movie experiences, AMC continues to innovate and adapt to changing consumer preferences in the dynamic event ticketing sector.
#13 Anschutz Entertainment Group
Employees: 30K
Revenue: 5B$
Website: https://www.aegworldwide.com/
Description: Anschutz Entertainment Group (AEG) is a prominent player in the Event Ticketing industry. Headquartered in Los Angeles, United States, AEG operates in North America. Founded in 1994, the company has grown to employ approximately 30,000 individuals. AEG generates an estimated revenue of 5 billion US dollars. AEG is well-known for its contributions to the media industry, particularly in event ticketing. The company specializes in organizing and promoting live events, including concerts, sports events, and festivals. With a strong presence in the entertainment industry, AEG has established itself as a leading provider of event ticketing services, facilitating seamless ticket sales and ensuring memorable experiences for event attendees.
#12 Universal Music Group
Employees: 10K
Revenue: 7B$
Website: https://www.universalmusic.com/
Description: Universal Music Group is a leading player in the Event Ticketing industry, operating globally. With its headquarters in Santa Monica, United States, the company has been in operation since 1934. Universal Music Group employs approximately 10,000 people worldwide and generates an estimated revenue of 7 billion dollars. The company is known for its extensive portfolio of artists and labels, covering various genres of music. Universal Music Group's event ticketing services provide fans with access to live concerts, festivals, and other music events. The company utilizes its vast network and resources to offer a seamless ticketing experience, ensuring fans can enjoy their favorite artists' performances. Through strategic partnerships and cutting-edge technology, Universal Music Group continues to enhance the event ticketing industry and connect music lovers with unforgettable live experiences.
#11 Liberty Media Corporation
Employees: 4K
Revenue: 10B$
Website: https://www.libertymedia.com
Description: Liberty Media Corporation, headquartered in Englewood, United States, is a major player in the Event Ticketing industry. Founded in 1991, the company operates various subsidiaries and entities that specialize in event ticketing services. With a workforce of approximately 4,000 employees, Liberty Media Corporation generates a staggering revenue of 10 billion US dollars. The company's commitment to providing seamless ticketing experiences has established it as a reliable and trusted partner in the media industry. Through innovative technologies and strategic partnerships, Liberty Media Corporation continues to enhance the ticketing ecosystem, enabling individuals to attend their favorite events with ease.
#10 Live Nation Entertainment
Employees: 10K
Revenue: 10B$
Website: https://www.livenationentertainment.com
Description: Live Nation Entertainment is a leading company in the Event Ticketing industry. Headquartered in Beverly Hills, United States, Live Nation Entertainment operates primarily in North America. Founded in 2005, the company has grown to employ approximately 10,000 people. With a revenue of 10 billion dollars, Live Nation Entertainment has established itself as a major player in the industry. The company provides ticketing services for various events, including concerts, festivals, and live performances. Through its website and partnerships with venues, artists, and promoters, Live Nation Entertainment offers customers a seamless ticketing experience. With its extensive network and industry expertise, Live Nation Entertainment continues to shape the ticketing landscape and connect fans with their favorite live events.
#9 Warner Bros. Entertainment Inc.
Employees: 10K
Revenue: 14B$
Website: https://www.warnerbros.com/
Description: Warner Bros. Entertainment Inc. is a prominent player in the event ticketing industry. Headquartered in Burbank, United States, Warner Bros. has been operating since its establishment in 1923. With a workforce of approximately 10,000 employees, the company generates significant revenue amounting to 14 billion US dollars. Warner Bros. is known for its wide range of media and entertainment offerings, including film and television production, distribution, and licensing. In the event ticketing sector, the company organizes and manages various live events, concerts, and shows, providing audiences with memorable experiences. With its rich history and vast resources, Warner Bros. continues to play a vital role in shaping the media landscape and captivating audiences worldwide.
#8 ViacomCBS Inc.
Employees: 21K
Revenue: 15B$
Website: https://www.viacomcbs.com/
Description: ViacomCBS Inc., headquartered in New York City, is a leading media company operating in the Event Ticketing industry. Founded in 2006, the company has a workforce of approximately 21,000 employees. With a revenue of 15 billion dollars, ViacomCBS Inc. is a major player in the industry. The company's activities in Event Ticketing involve the management and distribution of tickets for various events, including concerts, sports games, theater shows, and more. ViacomCBS Inc. leverages its extensive network and partnerships to provide ticketing solutions to a wide range of venues and event organizers. Through its online platforms and ticketing services, the company aims to enhance the ticket purchasing experience for both consumers and event organizers, ensuring seamless transactions and efficient event management.
#7 Carnival Corporation & Plc
Employees: 120K
Revenue: 20.8B$
Website: https://www.carnivalcorp.com
Description: Carnival Corporation & Plc is a leading company in the Event Ticketing industry. Headquartered in Miami, United States, the company operates globally and is primarily engaged in the cruise vacation business. With a workforce of approximately 120,000 employees, Carnival Corporation & Plc offers a wide range of cruise experiences and operates a diverse portfolio of cruise brands, including Carnival Cruise Line, Princess Cruises, Holland America Line, and Costa Cruises, among others. The company was founded in 1972 and has since become one of the largest leisure travel companies in the world. Generating annual revenues of around 20.8 billion dollars, Carnival Corporation & Plc continues to innovate and provide exceptional vacation experiences to millions of passengers worldwide.
#6 Netflix, Inc.
Employees: 10K
Revenue: 25B$
Website: https://www.netflix.com
Description: Netflix, Inc., headquartered in Los Gatos, California, is a leading global provider of streaming movies and TV series. Founded in 1997, Netflix has revolutionized the way people consume entertainment by offering a wide range of content that can be accessed anytime, anywhere, on various devices. With a workforce of approximately 10,000 employees, Netflix has been able to expand its reach and offer its services to millions of subscribers worldwide. The company generates an estimated revenue of 25 billion dollars, making it one of the largest players in the media industry. Netflix continues to invest in original content production, licensing agreements, and technological advancements to enhance the user experience and maintain its position as a dominant force in the event ticketing industry.
#5 The Walt Disney Company
Employees: 200K
Revenue: 69B$
Website: https://www.disney.com
Description: The Walt Disney Company, headquartered in Burbank, United States, is a major player in the Event Ticketing industry. Founded in 1923, the company has grown to become a global leader in entertainment and media. With approximately 200,000 employees, Disney operates various theme parks, resorts, and entertainment venues worldwide. The company's event ticketing division is responsible for managing ticket sales for its numerous live shows, concerts, theatrical productions, and other events. Disney's event ticketing services offer a seamless and user-friendly experience, allowing customers to easily purchase tickets for their desired events through their website. The company generates a staggering revenue of 69 billion dollars annually, solidifying its position as a dominant force in the entertainment industry.
#4 Alibaba Group Holding Limited
Employees: 120K
Revenue: 72B$
Website: https://www.alibabagroup.com
Description: Alibaba Group Holding Limited, headquartered in Hangzhou, China, is a leading player in the Event Ticketing industry. Founded in 1999, the company has grown to employ approximately 120,000 employees. With an annual revenue of around 72 billion US dollars, Alibaba Group Holding Limited has established itself as a major player in the media industry. The company's event ticketing services provide individuals and businesses with a convenient platform to purchase tickets for various events including concerts, sports games, theater shows, and more. Through their user-friendly website, customers can easily browse and select tickets for their preferred events, making it a go-to platform for event-goers. Alibaba Group Holding Limited's extensive network and robust ticketing system ensure secure transactions and timely delivery of tickets, enhancing the overall customer experience. With their strong presence in the media industry, Alibaba Group Holding Limited continues to revolutionize the event ticketing space, offering innovative solutions to cater to the growing demand for live entertainment experiences.
#3 Sony Corporation
Employees: 110K
Revenue: 77B$
Website: https://www.sony.com
Description: Sony Corporation, headquartered in Tokyo, Japan, is a leading player in the Event Ticketing industry. With a rich history dating back to its founding in 1946, Sony has established itself as a prominent global brand. The company operates a robust ticketing platform that offers a wide range of events and experiences to customers worldwide. Sony's event ticketing division leverages its extensive network and strategic partnerships to provide seamless ticketing solutions for concerts, sports events, theater performances, and more. With a workforce of over 110,000 employees, Sony generates an impressive revenue of 77 billion dollars. Through its innovative approach and commitment to customer satisfaction, Sony continues to be a major player in the Event Ticketing industry.
#2 Comcast Corporation
Employees: 190K
Revenue: 108B$
Website: https://corporate.comcast.com
Description: Comcast Corporation, headquartered in Philadelphia, United States, is a major player in the event ticketing industry. With a history dating back to 1963, Comcast has established itself as a prominent media company. It operates a range of event ticketing services, providing customers with access to tickets for various entertainment events. The company's strong presence in the media industry allows it to offer a wide selection of tickets for concerts, sports events, theater performances, and more. Comcast's event ticketing services are supported by its extensive network and partnerships, ensuring customers have convenient access to tickets. With approximately 190,000 employees and annual revenue of 108 billion dollars, Comcast is a leading force in the event ticketing sector, delivering exceptional experiences to entertainment enthusiasts worldwide.
#1 Tencent Holdings Limited
Employees: 89.0K
Revenue: 446.0B$
Website: https://www.tencent.com
Description: Tencent Holdings Limited, headquartered in Shenzhen, China, is a major player in the event ticketing industry. Founded in 1998, the company has grown to become one of the largest internet companies in the world. With a workforce of approximately 89,000 employees, Tencent operates various platforms and services that cater to different aspects of media and entertainment. Through its online ticketing platforms, Tencent provides users with a convenient and seamless way to purchase tickets for various events, including concerts, sports matches, and theatrical performances. The company's innovative technologies and strong partnerships with event organizers have made it a trusted and reliable platform for millions of users. With annual revenues of around 446 billion U.S. dollars, Tencent continues to dominate the event ticketing market in China and expand its presence globally.
Summary
The analysis of the top companies in the Event Ticketing sub-industry has revealed some interesting findings. Among the top companies in this sector, Ticketmaster, Live Nation Entertainment, and StubHub have emerged as leaders. Ticketmaster, with its extensive reach and global presence, has secured the top spot. Live Nation Entertainment, with its diverse portfolio of events and strong partnerships, has also achieved significant success. StubHub, on the other hand, has excelled in providing a user-friendly platform for buying and selling tickets.
One unexpected finding from the analysis is the growing influence of technology in the event ticketing industry. Companies like Ticketmaster have embraced digital platforms and mobile apps to enhance the ticketing experience for consumers. This shift towards technology-driven solutions has resulted in improved convenience and accessibility for ticket buyers.
Ticketmaster, the leading company in the Event Ticketing sub-industry, is renowned for its vast network and ticket inventory. Live Nation Entertainment, a major player in the music industry, has expanded its ticketing services to cover a wide range of events, including concerts, festivals, and sports. StubHub, a subsidiary of eBay, has gained popularity for its user-friendly interface and secure ticket transactions.
Shared elements that contribute to the success of these top companies include strong partnerships with event organizers and venues, advanced technology infrastructure, and robust marketing strategies. By collaborating closely with event organizers, these companies are able to secure exclusive ticketing rights and offer a wide range of events to consumers. Additionally, their investment in technology allows for seamless ticket purchases and efficient event management.
What sets these top companies apart from their competitors is their ability to provide a comprehensive ticketing solution. Ticketmaster's global reach and vast inventory make it a one-stop shop for event tickets. Live Nation Entertainment's integration of ticketing with its broader entertainment offerings gives it a unique advantage. StubHub's focus on user experience and secure transactions sets it apart from other ticketing platforms.