Triumph for Seatwave at the 2009
Media Momentum Awards
LONDON: 15 May 2009 - Seatwave, Europe's leading fan-to-fan
ticket exchange, has been named Europe's fastest growing digital
company as well as receiving the award for Best Management Team at
the 2009 Media Momentum Awards.
Seatwave, which allows fans to buy and sell music, sport and
theatre tickets, has seen its revenue rise 2,203% in the past three
Sponsored by GP Bullhound, Europe's leading investment bank in
technology and digital media, the Awards celebrate the fast growing
digital media companies in Europe.
This triumph comes as comScore's market statistics for March
confirm Seatwave's position as Europe's number one ticket exchange,
with just over 1.9 million unique visitors (ComScore, April
2009). These results top Seatwave's nearest competitors by a
factor of more than 2 to 1; also well ahead of event promoter, Live
Seatwave's success has dominated this year's Awards scene - an
earlier win at the 2009 Fast Growth Business Awards unveiled
Seatwave as Online Business of the Year and Angel or VC-backed
Business of the Year.
Commenting on the company's success, Joe Cohen, Founder and CEO
of Seatwave, said:
"We're really honored to be included in this year's list of fast
growing companies and were totally surprised by the wins. The
Seatwave team continues to stay focused on providing a great
service for buyers and sellers - so it's nice to also pick
this type of external recognition. I can only hope we
continue to experience the kind of growth we've seen in the past
couple of years and never forgot our promise to customers.".
Manish Madhvani, partner at GP Bullhound commented:
"The Media Momentum Top 50 league table has become a key
barometer for the health of the digital sector and this year's
impressive results reaffirm the importance of the industry to both
the UK and EU economy. Competition this year was as tough as ever
and for Seatwave to be honored is a real achievement. We hope that
these awards will provide even greater momentum to our finalists in
their respective fields as they continue to develop and grow."