TICKET BROKERAGE – AUSTRALIA

Ticketek owner TEG mired in workplace allegations amid CEO reshuffle

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Original article by Sam Buckingham-Jones,(SPACE)Sarah Thompson
The Australian Financial Review – Page: Online : 14-Mar-25

A spokesman for former TEG CEO Geoff Jones has denied allegations that the company has workplace problems, with TEG being the owner of ticketing business Ticketek. The allegations were raised in a letter from a lawyer who had worked for TEG, and was sent to its management in September after he had left it. The letter alleged that TEG managers humiliated and overworked staff, with the lawyer recommending that the company hire a human resources consultant to assess the issues raised. The revelation of the letter comes as it was announced on Wednesday that Jones would be stepping down as CEO of TEG to become its chairman, with former Woolworths CEO Brad Banducci to replace him; Jones was CEO of TEG for 14 years.

CORPORATES
TEG PTY LTD,(SPACE)TICKETEK,(SPACE)WOOLWORTHS GROUP LIMITED – ASX WOW

Aussies spent $2.5 billion online in 2015 on tickets to shows, films and events – 40% was by women aged 35+

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 15-Mar-16

A Roy Morgan Single Source survey has found that Australians aged 14+ spent an estimated $A2.5bn buying tickets to shows, movies and events via the internet in the year to December 2015. The 35-49 age group clicked to buy more than a billion dollars’ worth of entertainment tickets in 2015, while those aged 50+ bought $A810m worth of tickets online, which accounts for 32 per cent of the market. Meanwhile, the 25-34 age group spent $A354m on tickets online (14 per cent of the market), and those aged 14-24 spent $A279m (11 per cent of the overall market).

CORPORATES
ROY MORGAN RESEARCH LIMITED