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TicketFly Reports Solid Growth In 2011

SAN FRANCISCO (CelebrityAccess MediaWire) Social networking/ticketing company Ticketfly announced solid growth in both sales and clients for the year of 2011.

According to the company's financial report, Ticketfly saw ticket sales increase by 16%, well ahead of a sectorwide increase of 2.7% and revenue growth in excess of 100 percent for the second year running.

The company also doubled the number of venues and promoters using the service. Among the new clients signing on with Ticketfly were the Capitol Theatre, Danny Zelisko Presents, Preservation Hall, Trocadero Theatre and Union Transfer.

"2011 was a fantastic year for Ticketfly. The 16 percent increase in ticket sales, on average, that Ticketfly clients experienced is in large part attributable to the platform innovations we've introduced and our focus on the consumer experience. The fact that these numbers far exceed the industry's less than three percent growth clearly demonstrates the value we bring to our clients. In 2012, we will continue our focus on re-inventing the ticketing industry and maintaining our deep commitment to the consumer," said Andrew Dreskin, co-founder & CEO, Ticketfly. – CelebrityAccess Staff Writers