The secondary ticket market will increase its worth by 50 percent to become a $4.5 billion market by 2012. Statistics from Forrester Research, which were presented to ticket brokers at a meeting hosted by TicketsNow and Ticketmaster in Las Vegas last month, support this prediction. TicketNews provided exclusive coverage... Read more
The relationship between Live Nation CEO Michael Rapino and Chairman Michael Cohl has reportedly deteriorated in recent weeks over a developing feud concerning the company’s strategy for signing exclusive deals with top-line artists. In rapid succession in the past several months, the company signed mega-deals with superstars Madonna and... Read more
Madison Square Garden has acquired a minority equity interest in Irving Azoff’s Front Line Management, which is held by IAC and Warner Music Group. Front Line Management represents the Eagles, Jimmy Buffett, Neil Diamond, Van Halen, Christina Aguilera, Stevie Nicks, Aerosmith and others. Financial terms were not released. “While... Read more
The Horseshoe Casino in Hammond, IN has entered into a multi-year alliance with AEG Live to develop and program a new 3,200-capacity entertainment venue that’s scheduled to open in August as part of a $500 million casino expansion project. AEG Live will book and co-promote concerts in addition to... Read more
Comcast and Live Nation have entered into a 10-year partnership that gives Comcast the naming rights to the former Tweeter Center located in Mansfield, MA. The Live Nation-owned facility will now be known as the Comcast Center, which became effective with the summer’s first concert there last week with... Read more
The month of May saw both Ticketmaster and StubHub maintain their hold over the ticketing market as compiled within TicketNews’s weekly power rankings of the internet’s top primary and secondary ticketing websites. The primary ticket market was once again dominated by Ticketmaster, who held the first place ranking throughout... Read more
“Ticketmaster Appoints Brian Regan Chief Financial Officer” WEST HOLLYWOOD, Calif. (PRNewswire) June 10, 2008 – Ticketmaster today announced the appointment of Brian Regan to executive vice president and chief financial officer effective June 9, 2008. Mr. Regan joins Ticketmaster from Expedia, where he most recently served as senior vice... Read more
“StubHub Partners With NBA Hall of Famer James Worthy to Offer Fans Unforgettable NBA Finals Experience” SAN FRANCISCO, CA (StubHub) June 10, 2008 – StubHub, the world’s largest ticket marketplace, announced a partnership with NBA Hall of Famer James Worthy and Worthy Partners for a fundraising campaign to benefit... Read more
The Fillmore at the TLA in Philadelphia recently underwent a name change, part of Live Nation’s cross-country re-branding of several of its theaters. The venue has quietly returned to its original name, Theatre of the Living Arts aka TLA. Other Live Nation owned Fillmores include the Fillmore at Irving... Read more
Boston Celtics ticket sales topped the charts for the week of June 2 – June 8, 2008, according to TicketNews’s exclusive rankings. As the Celtics topped the Los Angeles Lakers in Game 2 of the NBA Finals, they also rose three positions in the top events rankings to achieve... Read more