Buying groups of tickets for concerts, sporting events, and the like has always been popular and is almost always a pain. From finding a group of seats in the same area to fronting the cost of multiple tickets, the process can be a headache. That's why Arie Daie decided to create Fevo, the group ticketing platform.
Fevo partners with major ticket hubs like Ticketmaster, Tickets.com, AXS.com. The company integrates directly with their platforms and allows users to create a unique group for any event. Then the group has a link that any new member can use to buy tickets with their crew.
Daie explains that Fevo is different than Venmo or any other money splitting app because those products still require one person to front cost and then chase their friends for the money.
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Lead Analyst at TVREV, Alan Wolk, joins Cheddar to discuss the latest in media and business news, including why business at the box office may be slowing down.
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