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📈 Oasis Live '25 Tour: How can we reduce the reliance on dynamic ticket pricing? The Oasis Live '25 Tour announcement has sparked a frenzy, reminiscent of Taylor Swift’s recent tour but with even greater impact with fans facing a double whammy: soaring ticket prices and skyrocketing hotel rates 🎫 🏨 As soon as the tour was announced, hotel prices in cities like Manchester and Cardiff spiked, reaching over £1,200 per night for standard rooms before a single ticket was even sold. This has left many fans struggling to afford what should be a celebratory event and the biggest music reunion in decades. Criticism around dynamic ticket pricing is fierce, with Ticketmaster and other agents in the spotlight. However, it's important to recognise that a significant portion of revenue from these sales goes to the artists, who rely on touring more than ever due to streaming. As a result, dynamic pricing, where ticket prices adjust based on demand, has become more common. This is where Bundl comes in. Our solution bridges the gap between live event and hotel markets, offering fans a more integrated experience. By predicting demand and securing hotel rooms before prices surge, Bundl creates packages that combine tickets and accommodation at fair prices. This not only protects fans from price hikes but also helps reduce the need for aggressive ticket price yielding by ensuring that artists and organisers, like Live Nation Entertainment and SJM Concerts, capture additional revenue from the hotel market and earn more revenue per ticket sold 🤝 By Bundling tickets with hotels, we ensure fans are not subjected to the same extreme price hikes they would face if booking separately. Instead, they get a fairly priced package that allows them to fully enjoy the event without breaking the bank, whilst artists and promoters get a nice slice of the hotel pie - which our models predicted to be £126 million for this tour. The Oasis Live '25 Tour should be a milestone in the UK music scene, not overshadowed by high prices. By adopting a more integrated approach to ticket and hotel bookings, artists, management, and promoters can offer a better experience for fans and create additional revenue streams. #dynamicpricing #ticketing #oasis #events #hotels #bundltravel

If you’re curious about dynamic pricing, here’s a brief explanation: Dynamic pricing, or surge or demand pricing, adjusts prices based on market conditions in real-time. It’s used in industries like airlines, hotels, and ride-sharing to optimize revenue. Recently, Ticketmaster’s use of dynamic pricing faced scrutiny due to issues with Oasis concerts. #DynamicPricing #SurgePricing #MarketDemand #Ticketmaster #OasisConcerts https://lnkd.in/gE8gndH9

The Ticket Booking Mess: Coldplay Concert & Other Recent Failures----- Lately, booking tickets for big events has become a nightmare for fans. From Coldplay's concert in India to Taylor Swift’s tour, ticketing platforms are crashing under pressure, leaving people frustrated and empty-handed. 1. Coldplay Concert Chaos (BookMyShow) When Coldplay announced their India concert, fans rushed to BookMyShow to grab tickets. But instead of a smooth process, the site crashed due to overwhelming traffic. Long queues, error messages, and payment failures left thousands of fans disappointed. 2. Taylor Swift’s Eras Tour (Ticketmaster Fail) Ticketmaster, the biggest ticket platform, completely collapsed during the sale for Taylor Swift’s Eras Tour. Millions of fans couldn’t get tickets due to system crashes, and scalpers used bots to snatch tickets, reselling them at insane prices. 3. FIFA World Cup Ticket Drama For the FIFA World Cup 2022, fans faced hours-long virtual queues, payment failures, and confusing messages. Scalpers also took advantage, reselling tickets for huge profits. Why Do These Failures Keep Happening? Too Much Traffic: Platforms can’t handle the massive rush of users all at once. Bots and Scalpers: Automated bots buy up tickets quickly, leaving real fans out. Poor Communication: Fans don’t know what’s happening when things go wrong, making the experience even worse. What Can Be Done? Better Tech: Platforms need to invest in stronger, more scalable systems. Stop the Bots: Stronger security measures to block bots and scalpers. Keep Users Informed: Give real-time updates so fans know their place in line and what’s happening with their ticket. As events get bigger and demand rises, ticket platforms must step up to avoid more of these frustrating failures. Fans deserve a better experience.

The Oasis Live '25 Tour has thrown a spotlight on the frustration fans feel towards soaring ticket and hotel prices. The ticketing agents, in particular our partners over at Ticketmaster UK, have faced intense scrutiny over dynamic pricing strategies, which often see prices fluctuate dramatically based on demand. However, it's crucial to understand that the lion’s share of this revenue goes to the artists, who now depend heavily on touring income in a streaming-dominated era. Oasis fans have felt the squeeze not once, but twice - high-priced tickets and skyrocketing hotel rates. This double whammy has made attending the tour out of reach for many, overshadowing the excitement of this major music reunion. At Bundl we bring hotels into the mix, reducing the reliance on yielding ticket prices to unsustainable levels, creating a more balanced and sustainable approach to event pricing. This harmony between industries is key to ensuring that the focus remains on the music and the unforgettable experiences it creates. And gives fans the option to buy a fairly priced package that allows them to fully enjoy the event without breaking the bank 💷 🎟 🎸 🤟 #DynamicPricing #TheEventEffect #Ticketing #Oasis #Events #Hotels #BundlTravel #FairPricing

The next Sphere location has been announced. These things must cost a serious bundle of cash, so it's no huge surprise where the second Sphere is going to be built. *** Sphere Entertainment and the Department of Culture and Tourism – Abu Dhabi announced that they will work together to bring the world's second Sphere to Abu Dhabi, United Arab Emirates. “The vision for Sphere has always included a global network of venues, and this announcement is a significant milestone toward that goal,” said James L. Dolan, Executive Chairman and Chief Executive Officer, Sphere Entertainment. “Sphere is redefining live entertainment and extending the reach of its transformative impact. We are proud to collaborate with DCT Abu Dhabi to develop Sphere in their city.”    Since opening the first Sphere in Las Vegas to worldwide acclaim in September 2023, Sphere Entertainment has actively pursued its plans to develop a global network of Sphere venues. This expansion is expected to provide significant growth potential and drive new revenue streams by leveraging Sphere Entertainment’s expertise, proprietary technology, and original content.   Located in a prime spot in Abu Dhabi and echoing the scale of the 20,000-capacity Sphere in Las Vegas, this venue promises to redefine entertainment in the region. Sphere in Abu Dhabi is expected to be a major year-round draw for both residents and visitors from around the world, offering opportunities to experience events, concerts, and shows like never before in an unforgettable and revolutionary setting.   Sphere Entertainment and DCT Abu Dhabi, the organization driving the growth of Abu Dhabi’s culture and tourism sectors and promoting the city as a global destination, have agreed to collaborate on building the next Sphere venue in Abu Dhabi, which welcomed more than 24 million visitors in 2023. Under the terms of the partnership, which is subject to finalization of definitive agreements, DCT Abu Dhabi will pay Sphere Entertainment a franchise initiation fee for the right to build the venue, utilizing Sphere Entertainment’s proprietary designs, technology, and intellectual property. Construction will be funded by DCT Abu Dhabi, with Sphere Entertainment’s team of experts providing services related to development, construction, and pre-opening of the venue.   Following the venue’s opening, Sphere Entertainment plans to maintain ongoing arrangements with DCT Abu Dhabi that are expected to include annual fees for creative and artistic content licensed by Sphere Entertainment, such as Sphere Experiences; use of Sphere’s brand, patents, proprietary technology, and intellectual property; and operational services related to venue operations and technology, as well as commercial and strategic advisory support.

#Coldplay ki ticket nehi mila… 🤔 This is the reason I love Product marketing ; never a one-time event—it’s a continuous, ever-evolving process that demands a deep understanding of consumer behavior, market dynamics, and #newopportunities. Whether launching a new product or adapting an existing strategy, staying innovative and adaptable is key to long-term success. This line of thinking brought me to the recent viral memes and discussions about #Coldplay concert tickets and the frustration many faced while trying to secure them. Inspired by this, I wondered if a system similar to the technology used in financial markets or travel industry could be adapted to ticketing. Think of how hotels block money when you reserve a room but only charge the card after you’ve checked in. A similar approach could work for concerts, where fans could reserve tickets, funds would be temporarily held in their accounts, and a lottery-based algorithm technology to be used to fairly allocate tickets. Primarily, fans would be charged for the ticket, but to ensure smooth entry, they would need to show the card or the UPI transaction used to book. This could be simplified using a QR code for event entry, saving time and preventing long queues, while also ensuring the event doesn’t lose out on audience numbers due to technical glitches. However, one challenge that stands out is group bookings. Concerts are rarely enjoyed solo—people go with friends and family. If tickets were allocated like stock market IPOs, with each person receiving just one ticket, it could take away from the shared experience of attending with a group. This is something for large-scale entertainment event companies to consider as they seek innovative ways to improve the ticket-buying experience and enhance customer satisfaction. #EventTech #TicketingInnovation #CustomerExperience #ColdplayTickets #Concerts #EntertainmentIndustry #GroupBooking #FairTicketing #TechForGood #QRCode #Bookmyshow pic: Random meme from web

Coldplay, Sold Out in Seconds – Is India the Next Global Concert Capital? The recent #coldplay ticket frenzy in Mumbai—13 million fans vying for just 150,000 seats—has put #india on the map as a rising hotspot for global live entertainment. Tickets originally priced at ₹2,000-₹35,000 skyrocketed to over ₹10 lakh on resale platforms, highlighting both the booming #demand and challenges of our evolving concert culture. 𝐈𝐧𝐝𝐢𝐚’𝐬 𝐋𝐢𝐯𝐞 𝐌𝐮𝐬𝐢𝐜 𝐁𝐨𝐨𝐦 From Ed Sheeran’s record-breaking footfall to Coldplay’s sold-out shows, India is seeing an unparalleled surge in live music enthusiasm. Fans are no longer just attending—they’re investing in these experiences, signaling a cultural shift towards valuing premium global entertainment. But this isn’t just about big names. The post-pandemic hunger for live experiences has led to a staggering 82% growth in curated global events in 2023, with over 26,000 events attracting 13.5 million attendees. 𝐖𝐡𝐚𝐭’𝐬 𝐍𝐞𝐱𝐭? By 2025, India’s live #entertainment market is expected to cross $7 billion, fueled by rising incomes, better venues, and a growing appreciation for world-class events. However, for India to become a true global concert hub, challenges like ticket scalping and limited infrastructure need urgent solutions. At Avinya Ventures, we believe this is just the beginning. As #globalartists flock to India, there’s immense opportunity to innovate—be it through smarter ticketing systems, immersive tech-driven fan experiences, or new-age event management solutions. The stage is set, and India’s ready to shine. What’s the next big act you’re excited for?

MOVETIX, the global ticketing platform for events and concerts on the Malaysia-based AirAsia MOVE app, has announced a strategic partnership with Ticketmelon, one of the region’s premier ticketing and event technology platforms, to enhance ASEAN’s event booking experience. According to a statement released by AirAsia MOVE on Thursday, this partnership will see Ticketmelon’s vast inventory of more than 300,000 tickets throughout the ASEAN region integrated into the AirAsia MOVE app, providing travelers and event attendees with a seamless experience to book flights, lodging, event tickets, and even airport transfers — all within a single, convenient app. This partnership, according to the statement, comes at a time when the tourism industry for live events is expanding at previously unheard-of rates. Sports tourism is expected to lead the way, valued at $564.7 billion, and nearly double to $1.33 trillion by 2032. Music tourism is expected to contribute an additional $13.8 billion, more than doubling its current valuation of $6.6 billion. Tony Fernandes, Hassan Choudhury, Panupong Tejapaibul Read more - https://lnkd.in/gKzbPMQe To share your startup story write us on - contact@startuprise.org #Movetik #Ticketmelon #partnership #news #startup

Missed out on Coldplay tickets? You’re not alone!   The moment Coldplay tickets went live, BookMyShow’s app and website crashed, leaving thousands of fans frustrated and ticketless. This isn’t the first time India's ticketing giant has buckled under pressure during major events. But it does beg the question: Is Bookmyshow struggling to keep up with demand, or is India’s entertainment ticketing market crying out for a fresh challenger?   Founded by Ashish Hemrajani in 2007, Bookmyshow has grown into India's dominant platform for booking tickets to movies, concerts, sports events, and more. With 50% of the event ticketing market and a staggering 78% of movie ticket sales, Bookmyshow is practically synonymous with entertainment in the country. Exclusive tie-ups with multiplexes, artists, and brands have created a formidable barrier to entry for any new player looking to disrupt their reign.   But as movies offer thinner margins and fewer growth opportunities, the event ticketing market—with its massive potential—remains a goldmine. According to an EY report, India's media and entertainment (M&E) sector is expected to grow by 10.2%, reaching INR 2.6 trillion by 2024, and at a 10% CAGR, hitting INR 3.1 trillion by 2026. Sensing the opportunity, Zomato made a bold move with its ₹2048 crore acquisition of Paytm Insider, marking its entry into the "going out" space with Zomato’s Districts. This isn’t just another acquisition—it’s Zomato’s bid to reshape the ticketing landscape. With Districts, users can buy and resell tickets, creating a secondary market that offers more flexibility and solves the issue of sold-out events. Can Deepinder Goyal pull it off again? From turning Zomato into a food delivery giant to revolutionizing quick commerce with Blinkit, Goyal has a track record of transforming industries. His latest venture with Districts is a bold gamble that could redefine how Indians experience live entertainment. Will Goyal disrupt Bookmyshow’s reign, or is the giant too entrenched to fall? Is Bookmyshow’s dominance truly in danger? Or does the market need even more competition to benefit customers and artists? Only time will tell, but one thing is certain—the race for India's entertainment ticketing crown is just heating up! Let me know what you think?? #coldplay #bookmyshow #crashed #zomato

Raju - Coldplay ticket price 1 lakh ho gaya 🤑 Babu bhaiya - Aye Raju, ye sun ke mujhe Dhak Dhak ho rela hai 😦 Raju - Hotel prices in Navi Mumbai 1.5 lakh ho gaya 🤠 Babu bhaiya - Ae utha le re Deva utha le 😬 Kachra Seth - 150 Rupaiya mein milega kya 🤓 Let's understand the Economics of Concerts and Big Events and how do they drive markets. 🌎 Geographical Mania - The stark difference between ticket prices for Coldplay's 2024 Mumbai concert—where resale prices range from ₹3 to ₹7.7 lakh—and their 2025 London show (₹30,000 per ticket) reveals how demand, marketing, and fan psychology shape the economics of big events. 🐂 Bull in Emerging Markets - Coldplay rarely performs in India, making their appearance a rare opportunity for fans. This scarcity inflates demand, with superfans willing to pay extraordinary prices for what they perceive as a once-in-a-lifetime event. In London, however, Coldplay’s regular performances spread across 14 shows at Wembley Stadium (90,000 capacity) create more supply, keeping prices lower. 😍 The Emotional Economics - Superfans are at the heart of this price surge. For those paying ₹3 lakh or more in Mumbai, it's about far more than the music—it's about being part of a collective, unforgettable experience. 💥 Marketing Mastery and Social Media Hype - Superfans, driven by excitement, flood social media with posts celebrating ticket purchases or lamenting missing out. This fan-generated hype works in favor of marketers, as they no longer need to rely on traditional advertising. ✈ Concert Tourism: London vs. Mumbai - Flying to London for a Coldplay concert could be cheaper than attending in Mumbai. With ticket prices in London ranging from ₹30,000 to ₹50,000 (approximately $360 to $600), coupled with round-trip flights from Mumbai to London available for as low as ₹50,000 (about $600), and hotel stays near Wembley Stadium starting at ₹15,000 (around $180), the total cost of attending a London concert could be significantly lower. 🎸 Conclusion: Economics meets fandom - Ultimately, while superfans may revel in the euphoria of securing a ticket at any price, this highlights the complex intersection of economics, fandom, and marketing in today’s music industry. Raju - “Oh, I want something just like this” 😎 Babu bhaiya - Aye shyam, khopdi fod saale ka 😆