Tix Corporation (TIXC)
Tix Corporation operates in the Entertainment industry of the Communication Services sector, headquartered in Studio City, CA, US. The stock last traded at $0.00, up 0.00% on the session, giving a market capitalisation of $2,364. On trailing twelve-month figures it carries a trailing P/E of -0.00, a net margin of -241.0%. Its beta of -1.93 implies it has historically moved less than the broad market.
Tix Corporation, an entertainment firm operating through a subsidiary both domestically and globally, primarily focused on offering discounted tickets and dining reservations. The company was particularly active in Las Vegas, where it provided substantial savings, often up to 50%, on same-day access to a variety of events such as shows, concerts, attractions, and tours, in addition to discounted dining and shopping deals, all secured through various contractual agreements. As of March 2020, its operations included nine "Tix4Tonight" retail outlets across Las Vegas and the tix4tonight.com website. Furthermore, Tix Corporation also managed online booking services for a wide array of entertainment and leisure activities. Founded in 1993 and headquartered in Studio City, California, the company originally operated as Cinema Ride, Inc. before adopting the Tix Corporation name in March 2005. However, on August 24, 2021, Tix Corporation and an affiliate jointly filed for Chapter 11 reorganization in the U.S. Bankruptcy Court for the District of Nevada, a process that ultimately led to its approval as a Chapter 11 liquidation on February 7, 2022.
Tix Corporation is most often compared with the following Communication Services names: