Working with partners including Insomniac, C3 Presents and Country Nation, Vibee will curate immersive trips for music lovers on both land and sea.
He's founder and CEO of Klutch Sports Group, a United Talent Agency board member and Adele's longtime partner.
Also this week: NetEase renews its licensing deal with "Mandopop" label Rock Records, Symphonic enters the Web3 space and more.
The chief executive's second seven-figure acquisition in three years is meant to shore up confidence in the concert promotion giant.
The companies had agreed to loosen Ticketmaster’s exclusivity requirements in a 2021 agreement that didn’t hold up for the Eras Tour.
Since 2019, the promoter and its ticket-selling subsidiary have ramped up spending in Washington.
Although a cyberattack undermined a presale for the superstar’s The Eras Tour, the Live Nation-owned company is focusing on eliminating its “drip pricing” model.
There have been calls to eliminate or cap fees tacked onto concert ticket prices. But consumers probably won’t be able to avoid them.
During a Pollstar panel, Irving Azoff, James Dolan and Garth Brooks called on the touring business to compel Congress to do something about ticket brokers.
Revenue grew 44% from pre-pandemic 2019 levels to $16.68 billion.
