Ticket Industry News
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Rock lounge Wasted Space, part of the Hard Rock Hotel & Casino's $800 million expansion and renovation in Las Vegas, officially opens July 19 with a private VIP party and a special acoustic rock set from Gavin Rossdale.
Co-created by motocross racer Carey Hart, the 5,000 square-foot nightclub will hold 400-500 people and is co-owned by Hart, New York Yankee baseball player Jason Giambi, and the Hard Rock Hotel & Casino. Rockers Benji and Joel Madden of Good Charlotte are partners, and Hard Rock's Cory McCormack will act as managing partner.
The AT&T Center in San Antonio, TX has introduced a new concert series premium seat program, Your Exclusive Access (YEA), that will provide music fans guaranteed access to the best seats at the AT&T Center for all upcoming concerts on an annual basis.
Created by Live-360, the Indianapolis-based entertainment consulting company, the initiative will focus on two distinct areas including an annual premium concert series seat program and unprecedented sponsorship opportunities. Live-360 will work with promoters and tours from across the country to help bring additional quality programming to the arena that will range from concerts and comedy to other events.
Building upon what the state Senate approved earlier this month, the North Carolina House of Representatives will debate a proposed ticket resale bill that will allow websites to resell tickets above face value in the state.
On Tuesday, the House Finance Committee approved a version of the bill that removed a controversial provision that would have required ticket brokers or other resellers to pay a tax on the profit they generated from the resale. Currently, event tickets cannot be resold for more than $3 above the face value, but the proposed law would not cap the amount someone could charge for a resold ticket.
Ticketmaster will have a presence at some of the best-known shopping centers in the U.S. through a deal with Simon Property Group Inc., the country's largest owner, developer and manager of high-quality shopping centers, in which Ticketmaster will have an on-mall retail location at Simon's Gift Services Booth.
The program will be Ticketmaster's largest mall-based program in the country, encompassing 50 Simon retail properties across the U.S. Simon regional malls, Mills properties and lifestyle centers will all participate in the program, including such well-known shopping centers as Roosevelt Field and The Westchester in New York; Dadeland Mall, Sawgrass Mills and Town Center at Boca Raton in South Florida; and Copley Place in Boston.
"StubHub Named Official Fan to Fan Ticket Marketplace for Virgin Mobile Festival, Offering Fans Premier VIP & Backstage Access"
SAN FRANCISCO, CA (MARKET WIRE) July 16, 2008 -- StubHub, the world's largest ticket marketplace, today announced it has forged a partnership to become the Official Fan to Fan Ticket Marketplace of the third annual Virgin Mobile Festival, the largest music and art event on the East Coast, which takes place at Pimlico Race Course on August 9th and 10th in Baltimore, Maryland. StubHub will also serve as the singular destination to purchase Premier VIP Packages that include access to VIP viewing areas at both stages, VIP hospitality areas, complimentary premium parking with shuttle service, an exclusive backstage tour and more.
In addition, StubHub will be present on-site with a special area that is open to all concert-goers. Fans who are rock stars at heart will receive a complimentary photo of themselves "on-stage" at Virgin Mobile Festival, utilizing special green-screen photography.
As the issue concerning Elton John tickets in Canada continues to swirl, Ticketmaster is reportedly denying any involvement in placing tickets to some of the upcoming Canadian shows on its TicketsNow subsidiary website.
In recent days, Ticketmaster has faced considerable scrutiny over the matter, where premium Elton John tickets that the public allegedly did not have access to on Ticketmaster's website last month, quickly turned up on the TicketsNow website, a secondary ticket resale site where prices are often much higher.
"SEATWAVE APPOINTS MARTY POMPADUR AS NON-EXECUTIVE DIRECTOR"
LONDON, ENG (Seatwave) July 14, 2008 - Seatwave, Europe’s largest fan-to-fan ticket exchange, today announces that it has appointed Marty Pompadur, Chairman of News Corp. Europe, as non-executive director to its board with immediate effect.
Commenting on this appointment, Joe Cohen, Founder and Chief Executive of Seatwave, said:
“Seatwave has had an extremely successful entry in European markets and we’re delighted that an exceptional leader in the media world like Marty has chosen to join us. Marty’s unparalleled industry experience, gained within iconic companies, will further underline our market-leading position.
In a move that either shows its attempts to be fair, or simply an internet oversight, TicketsNow is listed among the choices for possible offenders in a drop down menu on a page on Ticketmaster's TicketExchange where fans can report ticket scammers.
TicketNews has released its exclusive, weekly top events rankings for the week of July 7, and once again, the Jonas Brothers prove their value on the ticket market, taking the title of Top Concert Event and coming in close behind Wicked on the Top Events chart.
For the fourth week in a row, Wicked holds steadfast to its number one position in the Top Combined Events rankings, with an impressive power score of 5. Jonas Brothers follow with a 4.33 power score, bumping the New York Yankees from their previous number two position to number three. Boston Red Sox and Chicago Cubs tickets take the number four and five spot, respectively, pushing Jersey Boys, Madonna, and Coldplay down towards the lower end of the rankings.
By Joe Cohen
Increasingly, conversations about the business of ticketing seem to be about the blurring of the lines between primary and secondary markets. For consumers, buying tickets has been “blurry” for a long time. Additionally, it is not all that clear to many market players how the industry will shake out in the foreseeable future.
Nowadays, ticket exchanges, such as Seatwave, StubHub, TicketsNow and TicketLiquidator, have grown up and are part of fans regular repertoire. The big players have anted up (eBay paid $310 million for StubHub; Ticketmaster paid $265 million for TicketsNow), but what we are now seeing is a reverse trend taking place; a great interest to integrate secondary sites back into the primary market - this is the blurring of the lines. Organizers and rights holders are now selling tickets directly on the secondary market (given this fact the name no longer fits), recognizing the potential to maximize revenue streams and their client base.