Vividseats.com is owned by Vivid Seats, LLC. It is an independent online ticket reseller. The company was founded in 2001 in Chicago. It is still based in Chicago, Illinois. Vividseats.com is privately held and hence it doesn’t disclose its revenues or financial data but it is reportedly one of the largest ticket resellers online in the United States. As per some estimates, the company has had a turnover of more than a billion in 2017. Founded by Eric Vassilatos and Jerry Bednyak, the company has received investments from Vista Equity Partners and GTCR in 2016 and 2017 respectively. The two major investments, one allowing a majority shareholding to GTCR, reflect the increasing sales. There are many Vividseats.com coupons and promo codes available online, which is also evidence that it is one of the most sought after ticket seller in the country.
Vivid Seats is an intermediary or broker. It doesn’t provide absolute control to the promoters or organizers of the events as is the case with some other online ticket sellers. The latter often do not control prices or any significant aspect of the transaction other than charging hefty booking fees or service charges. Vividseats.com has a commission model where it typically takes a tenth of the sale price. There could be additional service fees or shipping and handling charges depending on the specific ticket and type of purchase. This is not unique in case of Vivid Seats. Almost all major ticket sellers have the same policy. Vivid Seats is presently the official ticket seller or provider for ESPN. StubHub was the official reseller till February, 2017. Vividseats.com has also become the official ticket reseller for Time Inc., specifically for the Sports Illustrated Group.
Vividseats.com has been expanding rapidly in recent years. In 2014 it expanded into a much larger office and now it has major contractors with ESPN and Time among others. The inventory of events has also expanded in due course of time. Today, Vividseats.com sells tickets to major sporting events including Blue Jays, Cowboys, Cubs, Dodgers, International Champions Cup, Notre Dame, Packers, Patriots, Raiders and Red Sox. You can get concert tickets for Billy Joel, Bruno Mars, Coldplay, Ed Sheeran, Guns N Roses, Kendrick Lamar, Lady Gaga, Paul McCartney, Roger Waters and Tim McGraw. You can buy theatre tickets such as to Dave Chappelle, Dear Evan Hansen, Hamilton and Phantom of the Opera among others. Use Vivdseats.com coupons and promo codes to save on ticket prices.