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StubHub Holdings, the secondary ticketing marketplace, just threw its hat back in the ring to list on the New York Stock Exchange (NYSE) after postponing its initial public offering (IPO) plans earlier this year. According to a September 8 filing with the Securities and Exchange Commission (SEC), the company is now eyeing a valuation of around $9 billion. In the filing, StubHub reported that it plans to offer just over 34 million shares of Class A stock for an estimated price of between $22 and $25 per share. If approved, the company will join the NYSE under the ticker symbol STUB. No listing date was shared in the filing, but according to a source familiar with the company, it could come as early as next week. StubHub has been eyeing a solid IPO date for months. The company paused its initial IPO plans in early July amid uncertainties around tariffs and a cooling IPO market, according to media reports. However, in the wake of exciting recent listings from companies such as Figma, Bullish, and others, investor interest in IPOs is back upand StubHub is giving it another go. Why investors want StubHub to go public StubHub was created in 2000 after founder and CEO Eric Baker faced a very particular problem: He was unable to purchase tickets to a sold-out showing of The Lion King on Broadway. The box office was a dead end, and he had no idea who to call for help, the SEC filing recalls in a section on the companys history. Should he canvas the streets around Times Square and hope to find someone with a tickets for sale sign? With no clear answers, he found himself at the mercy of an opaque market. To solve this problem, Baker founded StubHub at a time when secondary ticketing existed only as a fragmented offline market. Today, StubHub believes that it operates the largest global secondary ticketing market for live events, selling over 40 million tickets to buyers in more than 200 countries in 2024. After merging with the rival ticketing platform viagogo (also founded by Baker) in 2022, StubHub has been actively working with JPMorgan and Goldman Sachs to solidify its IPO listing plans. In its SEC filing, StubHub said its revenue jumped from $1.37 billion to $1.77 billion between 2023 and 2024. IPOs are back in the spotlight after a rough patch StubHub was initially planning to list on the NYSE sometime in the early summer, but it reportedly put its IPO on hold in the midst of economic uncertainty brought on by President Trumps tariff regime. At the time, a source familiar with the company cited stagnant market conditions and a lack of major consumer IPOs as two of the main reasons for the delay, according to CNBC. The fintech startup Klarna similarly paused its long-awaited IPO earlier this year. Now, though, as the market has held relatively steady despite new tariffs, both Klarna and StubHub are reentering the IPO game. Successful recent IPOs from companies including the design software startup Figma, the crypto exchange Bullish, and the stablecoin issuer Circle Internet Group have put public listings back into the spotlight and stoked investors interest.
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E-Commerce
The 82nd Venice Film Festival may be over, but the conversations on the films that premiered, the things people said, the clothes they wore, and how it affects the Oscar race are still going.Here’s a rundown of the big moments and takeaways from this year’s edition. What won big at the Venice Film Festival? Jim Jarmusch’s quiet film “Father Mother Sister Brother” took the top prize, the Golden Lion. It was a surprise to many who expected that honor to go to “The Voice of Hind Rajab,” which ended up with the runner up award, or “No Other Choice.”Aside from Benny Safdie’s best director win for “The Smashing Machine,” Hollywood players were largely shut out of the awards in favor of a diverse, international selection. Chinese actor Xin Zhilei won best actress for Cai Shangjun’s “The Sun Rises on Us All,” Italian icon Toni Servillo won best actor for “La Grazia” and Swiss actor Luna Wedler took the up-and-comer prize, the Marcello Mastroianni Award, for “Silent Friend.” Who might be an Oscars player? The awards didn’t give many hints, but Venice has been known to launch several best actor campaigns including Joaquin Phoenix in “Joker,”Brendan Fraser in “The Whale” and Adrien Brody in “The Brutalist.” This year the most obvious heavyweight to follow is Dwayne Johnson for his turn as MMA fighter Mark Kerr in “The Smashing Machine.”Emma Stone and Jesse Plemons were also strange and fierce as kidnapped and kidnapper in Yorgos Lanthimos’s provocative “Bugonia.” Oscar Isaac portrayed Victor Frankenstein as a romantic madman and Jacob Elordi was nave and raw as the monster. Amanda Seyfried put a human, feminist, face to the religious sect the shakers in “The Testament of Ann Lee,” and Julia Roberts flexed her acting muscles as a Yale philosophy professor in the midst of a misconduct accusation against a colleague in “After the Hunt.”Filmmakers like Kathryn Bigelow and previous Golden Lion winners Guillermo del Toro and Yorgos Lanthimos will also likely be in the conversation for months to come. Why was Seth Rogen everywhere? There’s always some unexpected Hollywood person at the Venice Film Festival who doesn’t seem to be associated with any one film. Sometimes they’ve come in for amfAR, sometimes they’ve been invited by one of the festival’s sponsors. But text chains started blowing up when Seth Rogen started popping up everywhere: Red carpets, press conferences, parties. Don’t be surprised if there’s a Venice episode of “The Studio” in the works: This trip was research, and maybe even a little more. Julia Roberts and Amanda Seyfried’s sisterhood of the traveling Versace? In a cute, unexpected (possibly highly staged) moment during the festival, Amanda Seyfried commented on Julia Roberts’ Instagram asking to “please let me wear the same outfit.” Three days later, Seyfried was also rocking the Versace blazer, jeans, button up and belt, just with different shoes. It helps that they share a stylist, Elizabeth Stewart. There was a record standing ovation First, let’s just make clear that entertainment trade publications only started tracking Venice standing ovations recently. This year, audiences at the premiere of “The Voice of Hind Rajab” applauded for 22-minutes, surpassing the 18-minute record set last year by “The Room Next Door,” which went on to win the Golden Lion. Even with a limited data set, that’s a long time to clap after a movie.Other standing ovation times from the 82nd festival: “After the Hunt” ((tilde)5 minutes), “Bugonia” ((tilde)6 minutes), “No Other Choice” ((tilde)7 minutes), “Jay Kelly” ((tilde)9 minutes), “The Wizard of the Kremlin” ((tilde)10 minutes), “A House of Dynamite” ((tilde)11 minutes), “Frankenstein” ((tilde)14 minutes), “The Testament of Ann Lee” ((tilde)15 minutes), “The Smashing Machine” ((tilde)15 minutes). Politics and war on the big screen The festival might not take political stances, but politics, and filmmakers grappling with the state of the world, from the Israel-Hamas conflict to nuclear weapons, were clearly top of mind. Kathryn Bigelow set off a warning shot about nuclear weapons and the apparatus of decision making with her urgent, and distressingly realistic, thriller “A House of Dynamite.” Tunisian filmmaker Kaouther Ben Hania made an essential document of the human toll in Gaza with “The Voice of Hind Rajab.” And Olivier Assayas charted the rise of Vladimir Putin in “The Wizard of the Kremlin.”Gaza also dominated conversations off screen too, from a protest that drew an estimated 10,000 people, to awards speeches. Best quotes from the 2025 Venice Film Festival “The real monsters are the men in suits.” Jacob Elordi, who plays Frankenstein’s monster in a big budget Netflix film.“I’ve been very fortunate to have the career that I’ve had and make the films that I have, but there was just this voice inside of me, this little voice, like what if I can do more.” Dwayne Johnson on his transformative, serious turn as MMA fighter Mark Kerr in “The Smashing Machine.”“I consider pretty much all corporate money is dirty money.” Filmmaker Jim Jarmusch, when asked about Mubi’s relationship with Sequoia Capital.“How is annihilating the world a good defensive measure? I mean, what are you defending?” Filmmaker Kathryn Bigelow on the nuclear stockpiles.“Humanity is facing a reckoning very soon. People need to choose the right path, otherwise, I don’t know how much time we have.” Filmmaker Yorgos Lanthimos on the relevance of “Bugonia.”“Everyone comes out with all these different feelings and emotions and points of views. And you realize what you believe in strongly and what your convictions are because we stir it all up for you. So, you’re welcome.” Julia Roberts on the debates stirred by “After the Hunt.”“It’s time at the end of your life to put the puzzle pieces together and make them fit.” Kim Novak, 92, on receiving the festival’s lifetime achievement award. For more coverage of the Venice Film Festival, visit https://apnews.com/hub/venice-film-festival. Lindsey Bahr, AP Film Writer
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E-Commerce
Now here’s a raincoat that won’t be missed in a busy street. Cleverhood, a Rhode Island apparel company, turned weather radar graphics into a colorful pattern for its rain gear, and they used data from real storms to make it. The brand’s Stormy pattern is based on Doppler radar data from the National Oceanic and Atmospheric Administration (NOAA) of visually intensified weather patterns linked to climate change, the company says. It’s now available on the brand’s $149 Rover Raincape and $129 Anorak jacket. “We are very design-oriented and environmentally concerned,” Cleverhood founder Susan Mocarski tells Fast Company. “The beauty of Doppler radars intrigued us.” The pixels of the weather radar patterns are rendered big across the jacket and cape as color blocks, and each item comes with a hood and pockets. [Photo: Ron Cowie/courtesy Cleverhood] Cleverhood looked at storms from the past 10 years and most from the Northeast U.S. to make the pattern, and the pattern was designed so no two garments look the same. The brand says it has plans to do a Stormy Trench next, and maybe a tote bag. The company donates 5% of sales to “organizations that help make streets safe and more walkable,” as Mocarski believes getting out and walking or bicycling in your community gives it a beating heart. The company’s customers are “primarily people that walk, bike and take public transit as their primary mode of transportation,” Mocarski says, and it shows in some of the rain gear’s bright colorways, like the classic Hello Yellow, or Dazzle, a pattern made of black-and-white stripes. The high-visibility Stormy fits in that same vein. [Photo: Ron Cowie/courtesy Cleverhood] Weather radar patterns make for visually interesting clothes, but NOAA’s pubic data could one day be private. Like other government agencies under President Donald Trump’s second term, NOAA has faced cuts and layoffs that experts worry are degrading weather forecasts. The agency announced in May it would no longer track climate change-fueled weather disaster costs. There’s science behind why the weather radar colors looks so good together, as the cool blues and warm reds and oranges are complementary colors. The colors all mean something, of course. Light green represents light rain, which shifts to yellow, orange, red, and purple as the rain gets heavier. If Cleverhood was looking for a standout pattern that won’t be missed, they found it.
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E-Commerce
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