Hypebot: Lyte offers fan friendly ticketing to customers
A great piece on Lyte recently appeared in Hypebot. You can view the story by clicking on the link here: https://bit.ly/2nteDlf. Or, check out the copy below.
Also, if you’ve never seen the above video on who we are and why we do what we do — you should. Take a look.
“Lyte is on track to secure $100 million in North American event ticket reservations in 2019. The platform empowers fans to return their tickets to live events and join an event’s reservation list to get authentic tickets at a fair price while giving artist, promoters and venues more control of their secondary ticketing.
Lyte’s newest features allow fans to trade and transact tickets between each other with no chance of fraud.
Lyte has already helped power ticketing at Coachella, BottleRock Napa, Newport Folk, Comic-Con and numerous wine and food festivals and gamer expos. More than
300 venues and fan-friendly artist tours like Mumford & Sons, Robert Plant, Wilco, Bob Weir, The Lumineers, and MGMT have all partnered with the startup.
Up to 30% of tickets for Lyte-enabled events flow through the platform.
Because tickets sold through Lyte are issued by the event’s primary ticketing system, the company says there is zero fraud and virtually no scalping around the events they power. Lyte’s goal is to bring more than 60% of the $15 billion secondary market back into the control of rights holders.
Learn more at lyte.com.”
Thank you, Hypebot!
About Lyte
Lyte makes it easier for fans to go to more live events. Founded in New York City and San Francisco by CEO Ant Taylor, our killer fan feature is returnability. In an industry where a “no refunds and no cancellations” policy is the standard, Lyte enables fans to return their event tickets, no questions asked, to the official point of purchase.
Lyte also provides a safe and official reservation booking system, offering fans who sign up a fair price for in-demand tickets. One hundred percent of the tickets bought and sold through Lyte are issued through our ticketing partners and delivered directly to fans. Lyte has delivered millions in fan savings — $1.8 million in 2018 alone. It’s only getting better from here, thanks to our growing partnerships with bands, venues, promoters, ticketers and festivals.
For the industry, we function as a full inventory management solution, including a private-label secondary market to optimize event yield for event producers. Visit lyte.com.
