“TicketNews announces top ticket sellers rankings for the week ending October 25, 2008.” Vernon, CT October 30, 2008 – In the face of a...

“TicketNews announces top ticket sellers rankings for the week ending October 25, 2008.”

Vernon, CT October 30, 2008 – In the face of a struggling economy and increased competition, Ticketmaster is reportedly preparing to layoff hundreds of employees in order to streamline its business. The company reportedly plans to cut about five percent of its worldwide workforce or about three hundred employees. The move was foreshadowed this summer when the company said it would cut thirty-five million dollars from its operations in order to offset the loss of Live Nation in 2009.

Ticketmaster subsidiary TicketsNow laid off sixty-two employees last week primarily from its call center in Illinois, as the company consolidates another call center at a Texas-based facility. Despite the layoffs, the company will not completely close TicketsNow headquarters.

Unfazed by these developments,, Ticketmaster remains strong at the top of the overall Top Sellers list with a power score of 45.55. It is followed by StubHub, TicketsNow and Live Nation, which have power scores of 11.57, 7.17 and 5.07, respectively. TicketNetwork is ranked number twenty, and last week the company garned the number one position in the prestigious Deloitte Fast 50 competition for corporate growth.

TOP 20 OVERALL SELLERS

Seller WE 10-25-08 WE 10-18-08 4 Week Avg
Rank Power Score Rank Power Score Rank Power Score
Ticketmaster.com 1 45.55 1 45.42 1.00 45.81
StubHub.com 2 11.57 2 11.97 2.00 12.15
TicketsNow.com 3 7.17 3 7.80 3.25 7.28
LiveNation.com 4 5.07 4 4.66 3.75 5.14
TicketLiquidator.com 5 3.00 5 3.31 5.25 2.97
Tickets.com 6 2.72 6 2.60 5.75 2.65
CoasttoCoastTickets.com 7 1.42 7 1.60 7.00 1.51
RazorGator.com 8 1.27 9 1.13 8.25 1.26
TickCo.com 9 1.24 8 1.16 8.75 1.22
TicketWeb.com 10 1.03 11 1.06 11.00 1.01
GoTickets.com 11 1.00 12 0.99 11.50 0.96
TicketCity.com 12 0.94 14 0.86 12.25 0.93
ETix.com 13 0.87 10 1.09 13.75 0.84
Justbuytickets.com 14 0.84 15 0.83 13.00 0.90
Vividseats.com 15 0.74 13 0.93 14.75 0.77
EventTicketsCenter.com 16 0.73 16 0.80 16.50 0.71
TicketSpot.com 17 0.71 18 0.64 16.00 0.73
Telecharge.com 18 0.70 19 0.63 17.75 0.67
BuyBetterTickets.com 19 0.61 20 0.58 20.00 0.54
TicketNetwork.com 20 0.60 17 0.69 20.00 0.57

On the Top Secondary Sellers list this week, StubHub ranked number one with a power score of 29.41. TicketsNow finished at number two, with a power score of 18.27, ten points more than number three ranked TicketLiquidator.

TOP 20 SECONDARY SELLERS

Seller WE 10-25-08 WE 10-18-08 4 Week Avg
Rank Power Score Rank Power Score Rank Power Score
StubHub.com 1 29.41 1 29.73 1.00 30.76
TicketsNow.com 2 18.27 2 19.43 2.00 18.41
TicketLiquidator.com 3 7.57 3 8.10 3.00 7.45
CoasttoCoastTickets.com 4 3.45 4 3.81 4.00 3.67
RazorGator.com 5 3.12 6 2.60 5.25 3.05
TickCo.com 6 3.05 5 2.75 5.75 2.96
GoTickets.com 7 2.43 7 2.32 7.75 2.29
TicketCity.com 8 2.30 9 2.03 8.25 2.24
Justbuytickets.com 9 2.04 10 1.97 8.50 2.16
Vividseats.com 10 1.80 8 2.21 10.00 1.86
EventTicketsCenter.com 11 1.70 11 1.84 11.50 1.68
TicketSpot.com 12 1.69 13 1.51 11.25 1.75
BuyBetterTickets.com 13 1.48 14 1.35 14.00 1.29
TicketNetwork.com 14 1.39 12 1.58 14.25 1.31
CheapPricedTickets.com 15 1.30 16 1.15 15.75 1.15
ABCTickets.com 16 1.27 15 1.25 15.00 1.19
TicketZoom.com 17 1.16 18 1.00 20.00 0.87
Findticketsfast.com 18 1.02 19 0.90 20.00 0.86
OpenSeats.com 19 0.99 21 0.83 18.25 1.00
OnlineSeats.com 20 0.98 17 1.12 17.25 1.08

Ticketmaster maintained its huge lead on the primary ticket market this past week, with a power score of 76.91. Brownpapertickets.com and Comcasttix.com made their way back into the top ten, ranking numbers eight and ten respectively.

TOP 10 PRIMARY SELLERS

Seller WE 10-25-08 WE 10-18-08 4 Week Avg
Rank Power Score Rank Power Score Rank Power Score
Ticketmaster.com 1 76.91 1 77.80 1.00 77.61
LiveNation.com 2 8.35 2 7.77 2.00 8.49
Tickets.com 3 4.49 3 4.35 3.00 4.36
TicketWeb.com 4 1.70 5 1.77 4.25 1.67
ETix.com 5 1.40 4 1.81 5.00 1.36
Telecharge.com 6 1.14 6 1.03 5.75 1.08
Groovetickets.com 7 0.78 7 0.63 7.00 0.63
TicketsWest.com 8 0.65 12 0.35 9.50 0.48
Wantickets.com 9 0.59 9 0.44 11.50 0.39
TicketStarOnline 10 0.51 11 0.38 10.50 0.40

TicketNews.com is a comprehensive resource for news, market analysis, event announcements, and information relating to the ticket industry. TicketNews.com keeps industry professionals and fans informed about tour dates, current and pending ticket resale legislation, rankings, onsales, and more. The content is updated daily, with original articles from ten TicketNews.com reporters and an aggregation of 3rd party sources.

TicketNews.com developed the algorithm for the exclusive weekly rankings of the industry’s ticket sellers. Top sellers rankings and power scores are based on web traffic received by a ticket seller’s website. The power score is highly correlated with the number of transactions from the TicketNetwork Exchange™, the world’s largest secondary ticket market exchange. A top seller power score illustrates a given seller’s category-specific significance. Three factors obtained from multiple independent resources, including comScore and Hitwise, are used to compare sellers within a particular category.

1. Number of unique visitors (IP addresses visiting a website in a 24-hour period).
2. Number of visits (a series of one or more page requests by a visitor without 30 consecutive minutes of inactivity).
3. Page views (the average number of unique pages viewed by a unique visitor).

Top seller power scores should only be used to compare sellers within a particular category. TicketNews.com also ranks the top events weekly. For more information, visit www.ticketnews.com/ticket_industry_rankings.

TicketNetwork is the parent company of TicketNews.com. TicketNetwork.com provides leading-edge software that powers the world’s largest ticket exchange system. TicketNetwork Point-of-Sale™ software provides brokers with comprehensive online tools to manage and grow their businesses. TicketNetwork Exchange™ is a powerful ticketing tool that enables brokers to access the world’s largest aggregate ticket distribution channel. TicketNetwork Web Services™ creates customized e-commerce websites in both hosted and plug-in formats for customers wishing a private labeled solution. TicketNetwork.com was founded in 2002 and is headquartered in Vernon, Connecticut. For more information, visit www.TicketNetwork.com.

© 2008. TicketNews.com All rights reserved.

Contact:
Crystal Astrachan
Ticket News
(p) 860.870.3400 x127
crystala@ticketnews.com

Viveca Woods
VMW Public Relations, LLC
646-418-6934
vwoods@vmwpr.com