Veritix, owner of Flash Seats paperless ticketing technology, has signed an exclusive deal to provide primary and secondary ticketing services for the Cleveland Cavaliers, Lake Erie Monsters and their arena home, the Quicken Loans Arena. The deal is set to go into effect October 1.
Flash Seats, a digital ticketing platform, eliminates the need for paper tickets by allowing fans to swipe a credit card to gain entry to an arena. The technology also gives fans the option to sell their tickets in an authenticated setting, thereby limiting secondary sales to one officially sanctioned marketplace. Flash Seats was launched as an exclusive for Cavaliers season ticket holders in 2006. According to Veritix, those season ticket holders gave the platform a 98 percent approval rating. Cavaliers owner Dan Gilbert is the majority owner of Veritix.
Apparently realizing the two were at a legal stalemate, the New England Patriots and secondary ticket company Stubhub have settled their three-year-old dispute over Patriots tickets being scalped on the resale giant.
Terms of the settlement were not disclosed, but essentially both sides will continue with their positions of brokers and fans listing Patriots tickets on the Web site, and the Patriots stressing that it prohibits the resale of tickets to the team's home games. The Patriots sued StubHub to have the tickets removed, and the team is reportedly continuing separate lawsuits against individuals who are reselling tickets.
UFC 100 attracted an estimated 11,000 fans to Mandalay Bay in Las Vegas Saturday night, July 11, and is believed to have generated about $5.1 million in ticket sales, according to Yahoo Sports and MMAJunkie.com. The mixed martial arts showcase, which featured a return match between Brock Lesnar and Frank Mir that Lesnar won, could go down as the promotion's second-largest gate.
"StubHub Inks Another Pac-10 Partnership with Arizona State University Athletics"
San Francisco, CA (StubHub) July 13, 2009 – StubHub, the world's largest ticket marketplace, today announced a partnership with Arizona State University Athletics to recognize StubHub as its Official Fan to Fan Ticket Marketplace. The Arizona State Sun Devils join the Oregon State Beavers, Stanford Cardinal, Washington Huskies and USC Trojans as current Pac-10 Conference ticketing partners. With this latest addition, StubHub is now proudly affiliated with 13 collegiate athletic programs and a combined total of nearly 60 team partners across professional leagues and the NCAA ranks.
Ticket buyers are well accustomed to the 2-dimensional, multicolored maps that stadiums and theaters offer their patrons as a guide to their seating options. And although these maps are useful, their lack of depth ultimately inhibits fans because they are unable to see the views from their prospective seat. But the days of these outdated maps may soon be coming to an end, as companies such as Fanvenues.com look to incorporate 3-dimensional maps into the ticketing world.
Fanvenues is a product of Peekspy Pte Ltd., which was co-founded by Oliver Oxenham, Paymon Rasekhy and Wesley Oxenham. Peekspy creates 3-D environments for companies to embed into their Web sites, and works mostly with commercial sectors, such as real estate developers, resorts and shopping malls.
In 1966, the price for a reserved-seat ticket to the All-Star Game was $6 and scalpers asked for $15 - $20 per ticket. Considering inflation, a $6 seat would go for about $40 in today. Tickets now range from $262 to $5700 for the All-Star game on various ticket exchanges.
The Pepsi Center in Denver announced last week that it would not be renewing its ticketing contract with Ticketmaster, instead it will be teaming-up with the arena's own in-house ticketing company, TicketHorse.
Kroenke Sports Enterprises (KSE), which owns the Pepsi Center, founded TicketHorse in 2006 in order to create one source for tickets to all the sports teams and venues the company owns, which includes Dick’s Sporting Goods Park, the Colorado Rapids, and the Paramount Theatre. The venture utilizes Flash Seats paperless ticketing technology developed by Veritix.
According to sources, the Tribune Co., owners of the Chicago Cubs and famed Wrigley Field, appears to have settled on a deal to sell the two to the Ricketts family, as reported by Chicago Breaking News Center. Terms were not disclosed, but the deal could be close to the $900 million bid the family made earlier in the year. Dallas Mavericks owner Mark Cuban is believed to have also bid on the two.
"Kroenke Sports Enterprises Selects Flash Seats as Exclusive Digital Ticketing Provider for Venues and Events"
Cleveland, OH (Veritix) July 1, 2009 – Kroenke Sports Enterprises (KSE) announced today that they have chosen Veritix’s patented technology Flash Seats® as the exclusive digital ticketing provider for the KSE-owned ticket service provider TicketHorse.
By Brian Kebel
According to a number of sources, the third annual NHL Winter Classic will pit the Boston Bruins against the Philadelphia Flyers at historic Fenway Park.
It was believed that the NHL was considering the Washington Capitals instead of the Flyers, in order to showcase reigning MVP, Alexander Ovechkin. But according to CSNPhilly.com, NBC was in favor of a Flyers-Bruins matchup because of their longtime rivalry and the potential of higher ratings.