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LivingSocial Expands into Live Events

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    LivingSocial CEO Tim O’Shaughnessy on the various local events for which the site offers daily deals.

  • Duration 2:05
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Com watch out living social is expanding its business as it looks to take more market share.

In the daily deal -- space but how -- gonna do that mean you've got a slowing economy and a questionable consumer out there here -- a Fox Business exclusive his Tim Shaughnessy living social CEO.

And co-founder joining us once again and I suppose the interesting aspect here Tim is.

How do you separate yourself and in -- -- you guys already have you.

Really offer more distinctively local experience but now -- going to live events talk about.

Yeah absolutely if you if you think about most live events that people -- they're inherently local you've -- to that.

In a concert at the local stadium you go to that the beer fast down the street.

And we really think that that so way where we can differentiate and grow what we're doing is by providing those local offerings so.

For example we have a the living social craft beer and food truck festival.

That would brought out to three different cities throughout the country now and we'll continue to roll out where we have 567000.

People showing up at a time.

What's happy hour somewhere obviously always it should be more -- He got really should be -- doing professional sports games.

Up Broadway shows concerts so I'm on the site -- all the sites beautiful I'll give -- that I guess are not public yet unlike we've.

Nevada but one of the things that immediately caught my -- was Spiderman on Broadway now those tickets are not.

Sheet except that the Spider-Man on Broadway that you guys happen that it's not it right now that's a Harlem globe.

Which is going to be at the Barkley center -- a local of -- 37 box I remember paying a lot more couple years of -- -- on total horrible Oprah fan but.

Spider-Man on Broadway those tickets at 79 dollars the minimum ticket.

And if you can get a house seat it's not that -- is more like a 150 how are you making these deals and how are you offering.

There's there's a couple way that the ways that we offer those types of events that one is we we have a partnership for the coming called AG.

Which gives us access to you put together these packages where we bring what -- social does along with what they do in a lot of the major cities after.