Business News Deals Live Business Top Stories

Vivendi buy SeeTickets

By | Published on Monday 5 September 2011

Vivendi

It’s thought Universal Music owners Vivendi have bought UK-based See Tickets from its current owners Parcom Capita in a deal worth a reported £80 million.

As previously reported, many expected European ticketing major CTS Eventim to buy See Tickets, giving them the slice of the UK sector they have long wished to gain. However, according to various reports, its French conglom Vivendi which has successfully bid for the music and theatre ticketing firm, which originally span out of the ticketing division of Andrew Lloyd Webber’s Really Useful business.

It is not Vivendi’s first play in the ticketing sector, they bought a 65% stake in French ticketing firm Digitick last year.



READ MORE ABOUT: | | |