Page 4 - Bookmyshow

Live events to make half of BookMyShow revenue by FY21

Mumbai, 24 September Online ticketing company BookMyShow (BMS) made a mark in the entertainment service space by pioneering online movie ticketing in this country. It now hopes to boost its non-movie ticketing business, with a sharper focus on producing and promoting of live events. The company already provides online ticketing for sports and non-sports live events. Earlier this year, it started producing non-sports live contentk, with Disney's Aladdin. Currently, the movie ticketing business gives around 65 per cent of revenue. The rest comes from live event ticketing, including plays, music concerts, matches in the Indian Premier League and other sporting events. Movie ticketing is based largely on the commission model. There is growing competition in the space, with multiplexes pushing ticket sales on their own apps. And, players like Paytm are giving cash-back offers on their portals. BMS now aims to grow the non-movie business to half its revenue by 2020-21."As with movie ...

BookMyShow raises $100 million in Series D funding led by TPG Growth

Investors in the company include Stripes Group, SAIF Partners, Accel Partners and Network 18

Bookmyshow enters international event ticketing; ups non-movie inventory

This is BMS's second outing as a producer for plays, having debuted in the field with Disney's Aladdin earlier this year

BookMyShow follows consumer trail, expands footprint in entertainment biz

The expansion has been organic in terms of the brand's gradual movement into allied segments and via acquisitions

BookMyShow acquires digital entertainment firm Nfusion

Online ticketing company BookMyShow has acquired Nfusion, a digital entertainment company, for an undisclosed amount in an all cash deal. The acquisition is part of BookMyShiw's plans to expand the scope of its operations beyond just online movie ticketing. Nfusion was set up in Middle East in 2009 by Shoaib G.M. Khan, Sivagurunathan S and Prabhakar Reddy as a HD video-on-demand platform which allowed its users to stream videos online. BookMyShow will be using Nfusion's scalable tech solutions, especially CMS (content management system), for its foray into audio entertainment. The acquisition not just provides BookMyShow a robust tech platform but also an experienced team which will provide a fillip to BookMyShow's audio entertainment offerings. While the Nfusion team will be headed by Shoaib, Sivagurunathan will lead the architecture and development teams at BookMyShow.Parikshit Dar, director, BookMyShow said, "We have already established our video content vertical and are now ...

Bookmyshow acquires India's answer to Eventbrite

Townscript charges a fee of 3.99% on transactions, plus $0.15 per booking, reports Tech In Asia

BookMyShow buys Hyderabad-based MastiTickets in all-cash deal

The acquisition of MastiTickets will help the company to further consolidate its position and strengthen its footprint

BookMyShow acquires Hyderabad-based MastiTickets

MastiTickets has a strong presence in AP and Telangana and currently works with over 120 cinemas

BookMyShow to expand in Tier-II, Tier-III cities

The company is focusing on southern India, where it has already improved its presence by addressing service issues in Chennai, Hyderabad and Bengaluru

BookMyShow rakes in Rs 500 cr

BookMyShow is now reportedly valued at Rs 3,000 cr

Movie ticketing portal BookMyShow raises $82 million funding

From a group of investors, led by US-based private equity Stripes Group

BookMyShow bets big on sporting events for growth

The ticketing portal is pitching itself aggressively as a partner for sports events in India and abroad