Entertainment Benefits Group Acquires Ticket OS Software Platform
LOS ANGELES--(BUSINESS WIRE)--May 3, 2018--Entertainment Benefits Group (EBG), a leading technology company that powers a network of b2b and b2c platforms, providing the largest brands in entertainment, sports, and travel with incremental distribution opportunities, announced today that it has acquired the Ticket OS software platform. Utilized by many prominent Fortune 500 companies, the platform is a corporate ticket management solution, enabling organizations to automate, manage, and track their entertainment assets and provide greater visibility and insights into usage, helping companies better evaluate its return on investment.
“We are focused on delivering value for our partners and clients, and are always interested in opportunities that enable us to expand our reach, increase volume, and provide additional service and support,” said Brett Reizen, CEO and Founder, EBG. “This new software platform offers a unique solution, helping companies deliver the best experience for their clients and stakeholders. It gives visibility to their sales, marketing, and finance teams, and assures their organizations are getting the highest return on their investment. In addition, it will increase distribution for the thousands of entertainment providers with whom we partner and represent – connecting the largest brands in live entertainment with our continuously growing corporate client base.”
The acquisition of the Ticket OS software enables EBG’s 40,000+ corporate clients to streamline the management of their corporate suite inventory, entertainment and sports tickets, corporate hospitality, and other assets. Companies will benefit by an automated process that manages ticket inventory, and provides visibility into client-guest usage and activity for hospitality passes, meal and merchandise vouchers, parking passes, employees special orders, itemized costs, venue schedules, shipping information, and beyond. Most importantly, it offers a measure on the return on investment of their entertainment assets, in addition to recapturing the value of unused tickets and suite inventory.
Throughout the past three years, EBG has experienced substantial growth, both organically and through mergers and acquisitions. The original benefits platform, TicketsatWork, continues to grow year-over-year, and today offers its clients and members thousands of local and national exclusive discounts and access to special offers in entertainment and travel. In 2014, EBG merged with Plum Benefits, an exclusive corporate entertainment benefit service owned by the Shubert Organization, which launched the EBG Corporate Programs Division. In 2015, EBG added Working Advantage, a premier employee deals portal, as the third brand extension under its Corporate Programs Division. Most recently, it was announced that leading entertainment and sports agency Creative Artists Agency (CAA) had made an investment in EBG.
To learn more about this new EBG software solution, visit www.entertainmentbenefits.com/corporate-ticket-management and or visit www.ticketos.com.
About Entertainment Benefits Group
EBG is a technology company that powers a network of leading b2b and b2c platforms, providing leading brands in entertainment, sports and travel with incremental distribution opportunities. Headquartered in Miami, with offices in New York, Orlando and Las Vegas, the company is one of the largest privately held travel and entertainment providers in the United States. Its Corporate Programs Division is the largest and most comprehensive travel and entertainment benefits program in the country – serving over 40,000 corporate clients and reaching 50+ million employees. EBG also operates a Premium Experience Division, consumer sites including Showtickets.com, over 45 retail locations in Las Vegas and a Premier Ticketing and Operations Center in Orlando – located minutes from Universal Orlando Resort and Walt Disney World. Learn more at www.entertainmentbenefits.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180503005509/en/
CONTACT: Entertainment Benefits Group
Erin Farrell Talbot, 917.232.9309
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: ENTERTAINMENT TECHNOLOGY DATA MANAGEMENT SOFTWARE TRAVEL OTHER TRAVEL GENERAL ENTERTAINMENT GENERAL SPORTS SPORTS
SOURCE: Entertainment Benefits Group
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PUB: 05/03/2018 08:00 AM/DISC: 05/03/2018 08:01 AM