Company Directory - Vivid Seats, Inc.
Company Details - Vivid Seats, Inc.
Vivid Seats, Inc.
WebsiteChicago, United States
Vivid Seats is an online ticket marketplace that connects fans with tickets to live events such as sports, concerts, and theater productions. As a competitor to StubHub, the company expanded its presence by going public via a special purpose acquisition company merger in 2021.
CCI Score
CCI Score: Vivid Seats, Inc.
-18.18
0.01%
Latest Event
Vivid Seats Employee Reviews Reveal High Turnover and Hostile Work Environment
Glassdoor reviews indicate that Vivid Seats enforces a culture marked by high turnover, pervasive internal politics, and degrading treatment of staff. These issues point to systemic labor relations problems that contribute to poor human rights practices within the company.
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ENABLER
Vivid Seats, Inc. is currently rated as an Enabler.
Latest Events
- JAN012025
Glassdoor reviews indicate that Vivid Seats enforces a culture marked by high turnover, pervasive internal politics, and degrading treatment of staff. These issues point to systemic labor relations problems that contribute to poor human rights practices within the company.
-70
Labor Relations and Human Rights Practices
March 22
Employee reviews from Glassdoor describe a work environment at Vivid Seats characterized by high staff turnover, young management exerting excessive control, and practices that degrade employee dignity. Such reports raise serious concerns regarding the company's labor relations and human rights practices, marking a negative contribution to its complicity in enabling oppressive corporate practices.
- DEC312024
Vivid Seats spent $200,000 on federal lobbying in 2024, raising concerns about corporate influence over democratic processes and potential support for policies that could contribute to authoritarian practices.
-40
Political Contributions and Lobbying Efforts
March 22
Vivid Seats' allocation of $200,000 for lobbying in 2024 signals an active effort to influence political decisions. From an anti-fascist perspective, such corporate political spending can amplify undue corporate influence, thereby undermining democratic accountability and potentially facilitating the erosion of public interest in favor of authoritarian-aligned policies.
- MAY022024
The update outlines Vivid Seats’ commitment to sustainability, diversity, and strong corporate governance, detailing efforts in environmental assessments, board independence, and community investment.
- FEB272024
A class action lawsuit alleges that Vivid Seats Inc. has been engaging in deceptive business practices by failing to include additional fees in the initially advertised ticket prices, misleading consumers and violating transparency laws.
-50
Business Practices and Ethical Responsibility
March 22
The lawsuit highlights Vivid Seats' practice of concealing additional fees until after consumers select a ticket, which is a deceptive tactic that undermines ethical business practices. Such conduct not only misleads consumers but also reflects a broader disregard for regulatory compliance and transparency, issues that are symptomatic of corporate behavior detrimental to democratic accountability.
Vivid Seats Illegally Fails to Include Fees in Listed Ticket Prices, Class Action Alleges
- FEB252024
In February 2024, a class action lawsuit filed in New York alleges that Vivid Seats fails to disclose additional fees until after ticket selection, resulting in deceptive pricing practices that undermine consumer trust and ethical business standards.
-60
Business Practices and Ethical Responsibility
March 22
The class action lawsuit alleges that Vivid Seats intentionally conceals additional fees until after ticket selection, a violation of New York's disclosure requirements. This deceptive practice not only misleads consumers but also reflects a broader pattern of unethical business conduct that undermines trust and supports exploitative business practices, indirectly contributing to an environment where corporate irresponsibility can flourish.
Vivid Seats class action claims company fails to disclose fees added to ticket prices
- DEC312021
Vivid Seats spent $297,000 on lobbying in 2021, reflecting its active attempt to influence political processes. This lobbying expenditure raises concerns about corporate efforts to sway policy in ways that could undermine democratic norms and facilitate authoritarian practices.
-40
Political Contributions and Lobbying Efforts
March 22
Vivid Seats' spending of $297,000 on lobbying in 2021 exemplifies corporate engagement in political lobbying that can distort democratic decision-making and potentially support authoritarian-friendly policies. From a left-leaning perspective, such political maneuvering is deeply concerning as it may contribute to broader structural influences that undermine public interest.
- JUN012021
Employee reviews on Indeed reveal that Vivid Seats' management oversells opportunities, only for employees to experience limited advancement, overwhelming workloads, and a disengaged leadership, highlighting potential weaknesses in their labor practices.
-30
Labor Relations and Human Rights Practices
March 22
The Indeed reviews indicate that Vivid Seats may be neglecting robust labor relations, with management practices that fail to deliver promised advancement and burden employees with excessive workloads. This reflects negatively on the company's adherence to fair labor practices and respect for employee rights, making it complicit in exploitative labor practices that can contribute to broader societal inequities.
- JAN012021GiveBack by Vivid Seats
48.50
Vivid Seats launches its GiveBack initiative, a corporate social responsibility program that allocates a percentage of proceeds to non-profit organizations, thereby supporting community engagement and ethical business practices.
+70
Public and Political Behavior
March 22
The GiveBack program indirectly bolsters public and political behavior by funneling resources to non-profit organizations. This support can enhance civic engagement and community welfare, though it may also serve as a branding exercise for the company.
+80
Business Practices and Ethical Responsibility
March 22
Through the GiveBack program, Vivid Seats demonstrates strong ethical business practices by sharing a portion of its proceeds with non-profit organizations. This initiative aligns with broader expectations of corporate social responsibility and contributes positively to community welfare.
- MAR192019
A class action complaint filed on March 19, 2019, alleges that Vivid Seats deceived consumers by advertising discount ticket prices that were never actually honored. The lawsuit claims that consumers were misled into believing they were receiving a price reduction, only to be charged the higher original price, resulting in significant economic harm.
-70
Business Practices and Ethical Responsibility
March 22
The lawsuit alleges that Vivid Seats engaged in deceptive pricing and false advertising, misrepresenting ticket discounts and charging consumers the full price instead. This unethical business practice not only harms consumers economically but also reflects a broader disregard for ethical responsibility in corporate conduct, undermining trust and accountability.
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