Ticket Industry News
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The lawsuit filed over the last-minute cancellation of an Aerosmith concert in Maui can move ahead as a class action case, according to the Second Circuit Court in Hawaii.
Attorney Brandee Faria, who is representing the concertgoers who were denied a chance to see the band, told TicketNews that the court agreed with her assessment that "it would be best for all 8700-plus class members' claims to be resolved in one lawsuit, thus it means that this case will either be resolved by trial or settlement with compensation for all 8700-plus class members."
Broker software and secondary ticket company TicketNetwork has recently launched a new redesigned retail Web site designed to make shopping for event tickets quicker and stress free.
"With its quick-search capability, and dynamic top ten listings, TicketNetwork.com makes it easier now more than ever for fans to find the tickets they want to any event in the country," TicketNetwork's marketing program manager Molly Martinez said.
Ralph Garreffa, a five-year veteran of TicketsNow who served as Director of Sales and Client Support, has left the company in what is the latest departure of a senior executive from the secondary ticketer.
In his position, and with his trademark long ponytail, Garreffa had become one of the most recognizable faces at TicketsNow, and he essentially worked with the company's ticket broker clients troubleshooting issues with the EventInventory system. His departure follows that of Nick Bucci, former president of EventInventory, who abruptly resigned in May.
You want to catch your favorite team's next game, but your usual sources for tickets are all out. Instead of trying to search through hundreds of other ticket broker Web sites, log into TicketStumbler.com and let them do the work for you.
TicketStumbler.com is a "ticket market search and comparison Web site" that helps users find and buy tickets to events. Fans can search by keyword, location, league or date and find tickets being sold by a plethora of sources, including StubHub, TicketNetwork and RazorGator, among others, with which the site already has partnership deals.
When Facebook Connect launched in July to allow Facebook users to connect to third-party websites using their Facebook identities, twenty-four partner companies were included in the launch. Among them is amiando, a Munich-based event management Web site.
"Events are the most important social happening," Felix Haas, CEO of amiando, told TicketNews. "Therefore we will use Facebook Connect to let event organizers and their guests enjoy, recommend and promote events within the social context of their real identity and friendships on Facebook."
Posting a slim profit, Live Nation this month reported that it beat Wall Street analysts' expectations and posted better than expected second quarter earnings for the three months ended June 30, 2008.
The company reported revenue of $1.16 billion, an 18 percent increase from $986 million a year ago. According to David Kestenbaum, an analyst with Morgan Joseph, it was an impressive quarter, and the company’s $1.16 billion revenue “was easily ahead of our $1.04 billion expectations," he wrote in his report.
"buy.at Affiliate Publishers Can Now Choose and Earn Revenue Through Advertiser Widgets"
New York, NY (Platform-A) August 12, 2008 – Platform-A announced the launch of an affiliate marketing solution that links the buy.at affiliate network to the widget-based marketing tools of Goowy Media, Inc. The new offering lets publishers generate revenue by merging the power of affiliate, widget and viral marketing. buy.at is the affiliate network of Platform-A, and Goowy Media forms part of AOL's newly created People Networks business unit. Platform-A, http://www.platform-a.com, is AOL’s digital advertising division.
This first-of-its-kind solution provides buy.at affiliate publishers with an exclusive gallery of advertiser-generated widgets through the buy.at web site. Once a publisher places a widget on their website, consumers can grab it and distribute the widget to other locations on the Web, including social network pages, desktops and blogs. The publisher earns revenue for each sale driven by the widget, even if it’s several download-generations away from the publisher’s site.
Primary ticket selling giant Ticketmaster will officially be spun off and begin trading its stock publicly on August 21, according to a statement issued today from parent company InterActiveCorp (IAC).
Called the world's leading ticket company in TicketNews's exclusive industry rankings, Ticketmaster will trade under the symbol TKTMV on Nasdaq. Other IAC properties being spun off, including TREE.com and HSN, Inc., will also begin being traded publicly on the 21st.
"THAT’S MY TICKET PARTNERS WITH TICKETS FOR KIDS® CHARITIES"
MEDWAY, MA (That's My Ticket) August 11, 2008 — That’s My Ticket, the world’s leading authority on sports and concert ticket displays, has joined forces with Tickets For Kids Charities. In an effort to help the non-profit charity raise funding for lower-income children and their families to experience live educational, sporting, and family events, That’s My Ticket has established an area on its web site allowing customers to make a donation.
“Our customer base knows the joy of attending events. It’s what they do and we have built our business on it,” says That’s My Ticket President Dean Macchi. “Thus, it only makes sense that our customers would want to help send a child to a game or show. One hundred percent of all donations will be forwarded to Ticket For Kids Charities.”
"SEATWAVE APPOINTS RICHARD HURD-WOOD AS CHIEF OPERATING OFFICER AND UK MANAGING DIRECTOR"
LONDON, ENG (Seatwave) August 8, 2008 - Seatwave, Europe’s largest fan-to-fan ticket exchange, announces that it has appointed Richard Hurd-Wood as Chief Operating Officer, and UK Managing Director, reporting directly into Founder and CEO of Seatwave, Joe Cohen. The appointment takes place with immediate effect.
In his new position, Richard will have responsibility for Operations, Product and Technology at Seatwave, in addition to taking over direct report for the UK Profit & Loss Account.