During a luncheon earlier today, Oct. 1, TicketNetwork, one of the fastest-growing ticket brokerages and software companies in the country, celebrated its recent move into a new facility in Vernon, CT. TicketNetwork is the parent company of TicketLiquidator.com, Better Ticketing Association and TicketNews.
Since its inception in 2002, TicketNetwork has grown from three employees to more than 140, prompting three location changes.
“From zero revenue our first year, last year we grossed more than $200 million in ticket sales. And by the end of 2007, it is projected we may reach $300 million. Not only that, we’ve expanded the programs we offer, making our company even stronger,” Founder, President and CEO Donald Vaccaro said, referring to the leading industry conference Ticket Summit, the company’s Suites & Seats program and its marketing and business development offerings to brokers, among other initiatives.
“And thanks to legislative development in the past few months, TicketNetwork can continue its mission to serve Vernon and the rest of Connecticut as a strong and reputable channel in the entertainment industry,” Vaccaro added. Today, Oct. 1, marks the first day of the new law that allows unrestricted ticket reselling in Connecticut.
Pictured from left to right Yaping Xu, Chief Financial Officer; Jeff Scheman, Vice President – Business Development and Operations; Doug Kruse, Chief Technology Officer and Co-Founder; state Rep. Claire Janowski; Matt Moran, TicketNetwork Direct Customer Service Manager; Zak Mei, Database Administrator; Vernon Mayor Ellen Marmer (front); Nick Eve, Vice President – TicketNetwork Direct; Jane Murphy, State Lobbist, Murtha Cullina LLP; Donald Vaccaro, Founder, President and CEO.