Arch rivals Ticketmaster Entertainment and StubHub have settled their nearly two-year-old legal case over alleged contract infringement, TicketNews has learned.
Details of the settlement were not available, but according to court documents recently filed in Superior Court in Los Angeles, Ticketmaster requested dismissal of the case and the upcoming trial dates, scheduled for the winter and spring of 2009, have been vacated. Both sides settled the case in late November, and the documents were officially filed by the court on December 2.
The case surrounded StubHub selling premium tickets for the 2007 version of the Rowdy Frynds tour with Lynyrd Skynyrd and Hank Williams, Jr. The tour inked a deal with StubHub for the secondary ticketing giant to be the exclusive reseller for premium tickets, which Ticketmaster claimed infringed on its ticket-selling contracts with several of the arenas the tour was set to visit.
“The Ticketmaster-StubHub litigation was settled on Nov. 25, 2008 under mutually satisfactory terms and conditions, which are being kept confidential,” said StubHub spokesperson Sean Pate, adding that the company would not be making any further statements on the matter.
Though details were not released, it is believed that StubHub may have agreed to pay Ticketmaster an undisclosed amount. Ticketmaster spokesperson Albert Lopez told TicketNews that he would find out if the company planned to make a statement on the case.
At one point, Ticketmaster argued to have depositions by its President and CEO Sean Moriarty and another executive sealed, which the court granted.
