SEGG Media Highlights Concerts.com and TicketStub.com Assets as Ticketing Market Surges Following StubHub's IPO Announcement Targeting a $9.2 Billion Valuation

Rhea-AI Summary

SEGG Media (NASDAQ: SEGG) highlights its strategic acquisition of a 51% controlling stake in DotCom Ventures, owner of Concerts.com and TicketStub.com, for a $10 million valuation. The announcement comes as competitor StubHub seeks a $9.2 billion IPO valuation, highlighting the potential value in the ticketing market.

The company is developing updated platforms for both domains, aiming to integrate them with SEGG's existing ecosystem, which includes Veloce and Quadrant, reaching 500 million monthly views. The global secondary ticketing market is projected to reach $4.8 billion by 2030, while the sports ticketing sector is expected to grow at a 9.4% CAGR through 2032.

Positive

• Strategic acquisition of Concerts.com and TicketStub.com at attractive $10M valuation
• Integration potential with existing ecosystem reaching 500 million monthly views
• Positioning in growing market with secondary ticketing reaching $4.8B by 2030
• Sports ticketing sector growing at 9.4% CAGR through 2032
• Strong presence in North America and growing Asian markets

Negative

• Significant development work required for platform upgrades
• Competitive pressure from major players like StubHub
• 51% stake implies shared control with other stakeholders

Insights

Financial Analyst

SEGG's strategic acquisition of ticketing domains could create value in the growing live entertainment market, though execution remains key.

SEGG Media's acquisition of a 51% controlling stake in DotCom Ventures Inc., which owns the premium domains Concerts.com and TicketStub.com, represents a calculated move to capitalize on the booming ticketing market. The $10 million valuation for this acquisition appears potentially advantageous when compared to StubHub's IPO seeking a $9.2 billion valuation, though the assets aren't directly comparable in their current state.

The timing is strategically significant as SEGG positions these domain assets amid projected growth in the secondary ticketing market, expected to reach $4.8 billion by 2030 according to Mordor Intelligence. Similarly, the sports ticketing sector is forecast to grow at a CAGR of 9.4% through 2032 per Straits Research.

SEGG's approach involves integrating these ticketing platforms with their existing digital media properties that reportedly generate 500 million monthly views across motorsports and e-sports. This cross-platform strategy could create meaningful synergies if successfully executed, potentially transforming valuable but underdeveloped domain names into functional revenue-generating platforms.

The key investment consideration is execution risk – while domain names like Concerts.com and TicketStub.com have inherent value, developing competitive platforms in the established ticketing market dominated by entrenched players will require significant development resources, marketing investment, and operational expertise. The press release indicates development work is underway but provides no timeline or specific differentiation strategy beyond integration with SEGG's other properties.

FORT WORTH, Texas, Sept. 11, 2025 (GLOBE NEWSWIRE) -- SEGG Media Corporation (NASDAQ: SEGG, LTRYW), a sports, entertainment, and gaming conglomerate, today highlights its recent acquisition of Concerts.com and TicketStub.com, following renewed excitement in the live entertainment, ticket exchange and resale sectors as StubHub’s IPO seeks a valuation of nearly $9 billion.

At a $10 million valuation, SEGG Media’s July 2025 acquisition of a 51% controlling stake in DotCom Ventures Inc., which owns Concerts.com and TicketStub.com strategically positioned the Company to capitalize on the booming global live entertainment and primary and secondary ticketing markets. A report by Mordor Intelligence projects the secondary ticketing market alone will grow to more than $4.8 billion by 2030, reflecting the extraordinary growth potential of this sector. The largest market is North America with the fastest growing market being Asia, both strong regions in the SEGG Media revenue strategy.

SEGG Media confirmed that development work is underway on an updated Concerts.com and TicketStub.com platform, designed to deliver a state-of-the-art, user-friendly, and fan-centric modernized ticketing experience. The upgraded platforms will be a foundation for integrating future SEGG Media ecosystem businesses, such as Veloce and Quadrant, whose content and communities attract more than 500 million monthly views across motorsports and e-sports. SEGG Media intends to engage these fans through special live events and cutting-edge streaming, with Sports.com positioned at the center of this global distribution strategy. According to a recent report by Straits Research, the global sports ticketing sector is projected to grow at a CAGR of 9.4% through 2032. This data supports SEGG Media’s assertion that the intersection of sports, entertainment, and gaming has the potential to deliver increased shareholder value as opposed to focusing on individual sectors.

Matthew McGahan, Chairman, President & CEO of SEGG Media, commented:

“StubHub’s $9 billion IPO move demonstrates the extraordinary value being placed on ticketing platforms by Wall Street. Our acquisition of Concerts.com and TicketStub.com was timely, strategic, and forms part of a wider vision to build an integrated live-entertainment ecosystem that combines ticketing, streaming, and sports media. By leveraging these premium domains with next-generation technology, SEGG Media is creating significant shareholder value and positioning itself at the heart of one of the most lucrative verticals in the market.”

SEGG Media’s acquisition of Concerts.com and TicketStub.com underscores its strategy of building a diversified entertainment platform that aims to strengthen the Company's balance sheet, develop synergies across its portfolio, and drive revenue and profits creating long-term shareholder returns.

About SEGG Media Corporation
SEGG Media (Nasdaq: SEGG, LTRYW) is a global sports, entertainment and gaming group operating a portfolio of digital assets including Sports.com, Concerts.com and Lottery.com. Focused on immersive fan engagement, ethical gaming and AI-driven live experiences, SEGG Media is redefining how global audiences interact with the content they love.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to: the Company’s ability to secure additional capital resources; the Company’s ability to continue as a going concern; the Company’s ability to complete acquisitions; the Company’s ability to remain in compliance with Nasdaq Listing Rules; and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.

For additional information, visit www.seggmediacorp.com or contact media relations at media@seggmediacorp.com.

FAQ

How much did SEGG Media pay for Concerts.com and TicketStub.com?

SEGG Media acquired a 51% controlling stake in DotCom Ventures, which owns Concerts.com and TicketStub.com, at a $10 million valuation.

What is the projected growth for the secondary ticketing market by 2030?

According to Mordor Intelligence, the secondary ticketing market is projected to grow to $4.8 billion by 2030.

How many monthly views does SEGG Media's content network generate?

SEGG Media's content and communities, including Veloce and Quadrant, attract more than 500 million monthly views across motorsports and e-sports.

What is the expected growth rate of the global sports ticketing sector?

According to Straits Research, the global sports ticketing sector is projected to grow at a CAGR of 9.4% through 2032.

How does SEGG Media's acquisition value compare to StubHub's IPO valuation?

SEGG Media's acquisition was valued at $10 million, while StubHub is seeking an IPO valuation of $9.2 billion, highlighting the potential value growth opportunity in the ticketing market.