SEGG Media takes majority stake in DotCom Ventures

SEGG Media (SEGG)completed its acquisition of a majority and controlling interest in DotCom Ventures which owns the Concerts.com and TicketStub.com brands. The transaction placed an initial valuation on DVI of $10M and adds a third pillar to the Company’s rapidly expanding digital portfolio alongside Sports.com and Lottery.com. The Company’s purchase of 51% of DVI marks the first completed M&A transaction under the SEGG Media name and establishes its foothold in the high-growth live entertainment, ticket sales, and distribution sectors, which will include both the primary and booming secondary ticketing markets. Key Deal Highlights: $10M acquisition officially closed, including 51% of DotCom Ventures Inc. and all IP/assets of Concerts.com and TicketStub.com; First fully executed acquisition under SEGG Media “buy and build” strategy; Concerts.com becomes core platform for fan discovery, ticketing, live streaming, and immersive event access; TicketStub.com to power ticketing for Sports.com and Concerts.com; Seamless integration of Concerts.com with Sports.com and Sports.com Studios to support content, hospitality, and gamified experiences; Supports crossover activations between gaming, esports, football, and music festivals; Recruitment underway for top-tier industry leaders to consult and scale Concerts.com and TicketStub.com over the next 3-6 months,