x

The latest industry news to your inbox.


I'd like to hear about marketing opportunities

    

I accept IQ Magazine's Terms and Conditions and Privacy Policy

news

AXS to launch in Australia

"We think that there’s a new and better business model out there," says the AEG-owned ticketing company's CEO Bryan Perez

By James Hanley on 21 Dec 2022

Bryan Perez, AXS

Bryan Perez


AEG-owned ticketing company AXS is opening an Australian office early in the new year, backed by Frontier Touring.

The firm will reportedly launch the operation next month, promising to shake up a domestic market currently dominated by Live Nation’s Ticketmaster and TEG’s Ticketek.

“We feel like there’s an opportunity for a third major player to come in, but we don’t want to just come in and do business the same old way,” US-based AXS CEO Bryan Perez tells The Australian.

“We think that there’s a new and better business model out there, where ticketing may be a little bit more non-exclusive and open.”

AEG announced a strategic JV with Australasia’s Frontier Touring in 2019, which saw the two companies merge their operations in Australia and New Zealand.

“We think the time is right to help AXS come into Australia and, if nothing else, shake it up”

“We’ve been frustrated by the ticketing landscape for probably five or six years,” adds Frontier CEO Dion Brant. “We think the time is right to help AXS come into Australia and, if nothing else, shake it up.”

LA-headquartered AXS is the official ticketing partner for over 350 premier venues, sports teams, event organisers around the world. It has additional offices in the US in Charlotte, Cleveland, Dallas and Denver, alongside European bases in London and Sweden.

AEG took full control of AXS from co-owners TPG Capital and Rockbridge Growth Equity in 2019 and rolled out its resale solution in the UK in April of the same year. It has been the official resale ticketing partner for AEG in North America since 2018.

 


Get more stories like this in your inbox by signing up for IQ Index, IQ’s free email digest of essential live music industry news.