Ticketmaster
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- Justin Bieber announces Believe tour dates
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- NY Mets to host 2013 MLB All-Star Game
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- Ticket Drop Checker: a new tool for ticket brokers
3 days ago - Proposed ticketing legislation in Tennessee violates rights of fans and the free market
10 days ago - Yankees, StubHub battling over site's low ticket prices
24 days ago - Arkansas' anti-scalping law applies to Ticketmaster
26 days ago - Guest Commentary: The importance of ticket brokers
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Ticketmaster Entertainment, Inc. was established in 1976 and is the world's largest ticket company, generating revenues of well over $1 billion annually. In 2008, the company acquired Front Line Management Group, world's leading artist management company, and changed its name to Ticketmaster Entertainment to better reflect its evolution into a "live entertainment ticketing and marketing company." Ticketmaster Entertainment, Inc. is the parent company, and Ticketmaster is the operating business. Ticketmaster Entertainment is headquartered in West Hollywood, CA, and its stock trades on NASDAQ under the symbol "TKTM."
The company operates in 20 markets around the world, and not only provides primary ticket sales, it also offers secondary ticket sales through its own TicketExchange and TicketsNow subsidiary.
In addition, the company has marketing and distribution through its Web site, www.ticketmaster.com, an immensely popular e-commerce site, and it has about 6,700 retail outlets, and provides exclusive ticketing solutions and other services for more than 10,000 clients, including arenas, stadiums, professional and college sports teams, theaters and performing arts venues, among others. Ticketmaster sells more than 140 million tickets annually.
In 2009, the company lost its largest client, Live Nation, which struck out on its own to launch its own primary ticketing business.
Barclays Center chooses Ticketmaster to manage ticketing needs
The soon-to-open Barclays Center, bringing sports and live entertainment to Brooklyn, NY, announced this week that Ticketmaster will handle both primary and secondary ticketing for the venue. Ticketmaster, a Live Nation Entertainment company, will manage primary ticket sales, and ticket resale will be handled at the company's secondary ticketing site, TicketsNow.
The agreement includes ticketing for the NBA's Brooklyn Nets, formerly the New Jersey Nets. The arrival of the Nets marks the first time major league sports has come to Brooklyn since the storied departure of the Brooklyn Dodgers in 1957. Fans will have 18,200 seats for Nets games, 19,000 for live performances.
Jam band String Cheese Incident fights Ticketmaster fees
Colorado jam band, String Cheese Incident aren't exactly household names but their recent stand against Ticketmaster has people talking.
Back in March the band announced plans for a 2012 summer tour, and that fans could purchase tickets to their shows from their official website at face value without the added service charges. The band even went as far as to pay for the credit card processing fees themselves in an effort to maintain fan-friendly ticketing.
HMV & Ticketmaster UK partner on hmvtickets
London, 15th May 2012 – HMV and Ticketmaster UK, a Live Nation Entertainment, Inc. (NYSE:LYV) company, today announced that they have entered into a strategic partnership. The move will see the UK and Ireland’s leading entertainment brand join with the world’s biggest ticketing agent to further improve and extend the scope of its hmvtickets ticketing service.
Ticketmaster complies with FTC regulations for TicketsNow link
Live Nation Entertainment Inc. announced that their Ticketmaster unit has resumed providing customers with a link to the company's ticket resale website TicketsNow.
According to Bloomberg, TicketsNow, which provides consumers with an alternative for purchasing tickets to sold-out events, received criticism from U.S. regulators and musician Bruce Springsteen who claimed that Ticketmaster was not up front with consumers about the company's services.
Ticketmaster announces Broadway's big deals
PRESS RELEASE: "Ticketmaster Announces Broadway's Big Deals: Discounts on Certain Arts & Theatre Events Nationwide"
LOS ANGELES, May 10, 2012 /PRNewswire via COMTEX/ — Just in time for the Tony Award season, Ticketmaster, a Live Nation Entertainment company LYV +9.21% , announced today Broadway's BIG Deals. Nearly 50 events across the country are offering savings up to 50% from now to June 15th. Patrons can discover shows and find Broadway's BIG Deals at: http://www.ticketmaster.com/broadwaysbigdeals
Arkansas' anti-scalping law applies to Ticketmaster
The Arkansas Supreme Court ruled Thursday, April 19, with a 4-3 split decision that its anti-scalping law applies to authorized ticket agents like Ticketmaster. Despite Ticketmaster’s argument that its position as an agent of the arena makes its sales price the “box office price”, the court declared that the Deceptive Trade Practices Act does apply to exclusive agents of a public facility who sell tickets to events for prices above the face value or advertised price.
Ticketmaster extends NFL Ticket Exchange contract
On April 6, 2012, the NFL and Ticketmaster announced that the two organizations had signed a five-year extension on their popular "NFL Ticket Exchange" site. Ticketmaster, a subsidiary of LiveNation Entertainment, hosts several ticket exchange sites for various sporting and entertainment organizations. Launched in 2008, the NFL Ticket Exchange has more than quadrupled in size. It is also currently the only official ticket exchange of the NFL. Additional ticket exchanges include a site for the NHL (which serves as the official ticket exchange for the league), various NBA teams, several college football bowl games, and the WNBA's Connecticut Sun, Phoenix Mercury, and Seattle Storm.
The NFL Ticket Exchange allows fans to buy and sell tickets to upcoming games, while ensuring that the tickets will be authentic. NFL Ticket Exchange ensures authenticity through validation from Ticketmaster, in conjunction with each ticket being re-issued "with new bar codes through TicketFast®, Ticketmaster's electronic ticket delivery system." Similar to other ticket exchange sites, like the perennial powerhouse StubHub, NFL Ticket Exchange exists in a free market mold, allowing fans to set their own price for the resold tickets.
Ticketmaster's TicketWeb attacked in phishing scam
TicketWeb, an online ticket sales website, was attacked in a phishing scam on Feb. 11, 2012.
TicketWeb, a subsidiary of Ticketmaster, is a primary ticket site that is dedicated to serving independent venues and promoters. TicketWeb currently operates sites based in the United States, U.K., and Canada. Its clients include the Pitchfork Music Festival, Café du Nord in San Francisco, and the O2 Academies in Europe.
Ticketmaster melt-down frustrates Bruce Springsteen fans
Bruce Springsteen fans are in an uproar after tickets for his upcoming tour disappeared in a matter of minutes, leaving many fans facing the prospect of paying as much as 20 times face value to snag tickets to the concerts.
While the prospect of a sold-out concert is hardly a new situation, in the case of Springsteen's upcoming "Wrecking Ball" tour, it appears that the instant sell-out wasn't a simple case of too many fans trying to buy too few tickets. Rather, it appears that an influx of computer "bots" jammed Ticketmaster with purchases, causing a significant number of fans to be locked out of the system.
Arkansas Supreme Court to weigh in on Ticketmaster fees
The subject of Ticketmaster's added fees, which is the focus of a recent Philadelphia bankruptcy case, will be discussed by the Arkansas Supreme Court as part of the deliberations of a lawsuit.
The state's seven-member Supreme Court was asked to offer an opinion on a question posed by Appeals Court Judge James Moody concerning a class action lawsuit filed by Arkansas resident Corey McMillan, who was socked with extra fees when he bought four tickets to an event at the Verizon Arena in North Little Rock.
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