Ticket Industry News
Most Popular Stories
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"Seatwave to become official reseller for all current and future Grand Union Management artistes"
LONDON, ENG (Seatwave) July 18, 2008 - Seatwave, Europe’s largest fan to fan ticket exchange, today announced a landmark partnership with the leading music management company whose roster includes The Enemy, Seasick Steve, Reverend and The Makers, Mongrel and Boy Kill Boy to become its official ticket reseller. In the first deal of its kind fans of the bands will be able to pick-up tickets they bought from other fans via Seatwave.com directly from the box office at the gig.
The agreement with Grand Union Management places Seatwave as the official fan to fan ticket exchange for all current and future artists represented by the management company. By working together, Seatwave and Grand Union Management are giving fans the best possible experience and greater security by guaranteeing ticket pick-up on the night. Fans will still benefit from the highest level of consumer protection offered by Seatwave including their TicketIntegrity and TicketCover guarantees.
Live Nation CEO Michael Rapino and his company have been in the news frequently over the past few months signing mega-deals with the likes of Jay-Z, Shakira and Madonna. Rapino appeared on CNBC's PowerLunch recently to discuss the company's future. (see video here)
Rapino talked about the economic situation of Live Nation, whose stock price sits at about $10, down from its previous high of nearly $25.
The city of Tulsa is looking to pass legislation banning ticket resale within the Oklahoma city. At the heart of the proposed ticket ban is Tulsa councilor Bill Christiansen, who wants residents of Tulsa to be able to buy tickets to high profile events at the city’s newly opened BOK Center.
Citing that city residents are having a difficult time purchasing tickets to such events, Christiansen has proposed a new ticketing ban that would seek to stem ticket resale, including resale on popular ticketing sites such as StubHub and TicketLiquidator.
Sam Soni and Jason Parker, two top executives at RazorGator, who were integral to the recent success of the company, have resigned effective at the end of the month. The moves mark the most recent resignations from the company, which saw the CEO of its RazorGator Experiences division, David Lord, leave in April.
Soni, who owned Encore Tickets, and Parker, who owned Sports Tour Classics, joined RazorGator three years ago when each sold their respective businesses to the company, at which time both agreed to stay on for at least three years.
In an exclusive interview, Parker told TicketNews that the decision to leave for both men was purely their own. Each will take time to consider their next moves and are in no rush to announce any plans.
Chris Oxley, a member of the Rose Quarter's executive staff since 1999 and assistant GM since March 2007, has been promoted to general manager.
In his new position, Oxley will be responsible for the management of all event services and operations at the 19,680-capacity Rose Garden and 12,000-capacity Memorial Coliseum--both in Portland, OR-- including development and programming, tenant relations, financial management, contract negotiations, logistics, community relations, parking, box office management, marketing, public relations and event production. He will manage a staff of 800 that includes 67 full-time employees.
"MSG ENTERTAINMENT ANNOUNCES MANAGEMENT REORGANIZATION TO SUPPORT UNPRECEDENTED DIVISIONAL GROWTH"
New York, NY (MSG entertainment) July 17, 2008 – Jay Marciano, president of MSG Entertainment (MSGE), today announced that MSGE has reorganized its operations and expanded its executive roster to include several highly respected entertainment veterans, in order to continue to drive the organization’s significant growth strategy and further develop MSGE’s brand.
"SeatExchange.com Bullish on Bears; Cal Bears Move To Upstart Ticket Partner"
Chicago, IL (SeatExchange) July 17, 2008 - SeatExchange.Com announced today that it has taken a position investing in the bear market - The University of California Bears - that is expected to pay big dividends all around. SeatExchange becomes the new official secondary ticket partner for the Cal Bears for the next three years, beginning immediately. The Bears join a growing portfolio of 13 other major collegiate properties and five foreign partners, including another global partner added today, Manchester City, for Seat Exchange, the rapidly expanding ticketing service.
Dave Gorman, CEO of Seat Exchange, noted that his company “likes to invest in blue-chips like the University of California because they are as committed as we are to transaction efficiency and marketing creativity that puts the fans first. SeatExchange is much more than just a ‘ticket broker’ because we understand that the ticket itself is only one aspect of a fan’s overall experience. Our goal is to enhance the relationship between the fans and the school so that every transaction is a win-win for both the fan and the school.”
North Carolina, one of only a few remaining states to have restrictions on reselling tickets, moved another step closer on Thursday to lifting those restrictions. The House of Representatives voted 85-29 to allow tickets to be resold online for a profit. The current state law says that tickets can not be sold for more than $3 above the face value.
The bill that was initially approved by the North Carolina State Senate July 3 but was modified by the House Finance Committee prior to it's House approval, which omitted the controversial provision that would have required resellers to pay taxes on the profits they made from the resale.
Live Nation has signed a contract to operate Bayfront Park Amphitheater in Miami, FL. Final approval by the Miami City Commission is scheduled for July 24.
The city will earn about $625,000 a year with a 3% increase yearly from the deal, reports Miami Today, and is also pocketing 10% of name sponsorships and about $2 per ticket as a surcharge; Live Nation will control ticket prices.
OurStage, a music discovery destination providing professional opportunities for up-and-coming talent, launched Marketplace on July 11, an online resource which enables artists and bands to proactively find and apply for gigs, and industry professionals to easily find, validate and book artists for performances and music-related projects.
In a joint trial artist development agreement, Live Nation has allowed OurStage to offer artists chosen by local music fans the unique opportunity to perform as opening acts at some of its venues in New England, Denver and the San Francisco Bay Area.