Ticketmaster NZ group turns to a loss in 2015

Tue, 01 Nov 2016

By Sophie Boot Nov. 2 (BusinessDesk) - Ticketmaster New Zealand, which has a controlling interest in the soon-to-be-renamed Vector Arena, turned to an annual loss in 2015, despite revenue growing, with operating expenses spiking. The consolidated accounts, which cover Ticketmaster and its controlled entities Live Nation NZ, EVENZ, NZ Venue and Event Management, QPAM and Quay Park Arena Management Trust NZ, showed the company booked a $309,000 loss in the year to Dec. 31, 2015, compared to a profit of $770,000 in 2014. Across its vario...

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