StubHub is the largest secondary ticket company, and the second-largest overall ticket seller, according to TicketNews’s exclusive industry rankings. The company bills itself as the “world’s largest ticket marketplace,” where fans can buy and sell tickets sports, concert, theater and other live entertainment events.
The company’s customer base is vast, comprising tens of thousands of consumers and brokers. StubHub was launched in 2000, and while it didn’t invent the secondary ticket market, it has gone a long way to legitimize it. In 2007, the company was bought for $310 million by online auctions giant eBay (NASDAQ: EBAY), which already had its own secondary ticket marketplace.
Part of where StubHub succeeded most was by creating a “safe, convenient, and highly reliable environment” for buying and selling tickets, and the company used its strong reputation to secure a massive deal in 2007 with Major League Baseball to be the league’s official secondary ticket company. Every team, except the Boston Red Sox, uses the StubHub system.
On the legal front, the company has fought against Ticketmaster and the New England Patriots, both of which filed unrelated lawsuits against the company over ticket resale matters.
The company has formed partnerships with other major sports and entertainment entities, including the New York Yankees, Chicago Bears and the University of Southern California, Madonna, ESPN and American Express.
StubHub revealed that Dan Jones, the former Senior Vice President at Ancestry, will fill the role as Vice President of International. Jones will be based in Madrid and oversee EMEA, Latin America, and Asia Pacific regions. In his previous role at the genealogy website, he also served as General... Read more
By: Eric Fuller StubHub is for sale. Interested? Cramer says it could sell for $10 billion. Quite possibly it’s worth zero. Here’s what you ought to know: StubHub is a resale ticket marketplace owned by eBay. It’s where consumers from around the world buy tickets to events. Before StubHub,... Read more
StubHub will now accept Apple Pay for payment on both mobile browsers and iOS devices. Users in the U.S. can already use Apple Pay in the StubHub app for iOS and on the Safari browser for Mac; according to the secondary ticketing company, fans use Apple Pay in about... Read more
Las Vegas Events announced an exclusive partnership with StubHub as the official secondary and fan-to-fan ticketing site of the Wrangler National Finals Rodeo. The Rodeo, which is an annual event a part of the Professional Rodeo Cowboys Association, is held each December at the Thomas & Mack Center in... Read more
It was reported earlier this week that the e-commerce platform eBay was one of the “many outlets” considering a potential acquisition of the secondary ticketing site StubHub. Since this news leaked, eBay’s stocks have risen. According to the Los Angeles Times, eBay’s (NASDAQ: EBAY) shares rose almost 6 percent... Read more
CNBC is reporting that e-commerce giant eBay is exploring a potential sale of StubHub, with “multiple” parties interested in the potential acquisition of the ticket resale marketplace. Company stock (NASDAQ: EBAY) jumped more than 2% on Monday with the news. The rumors of the sale follow the announcement of... Read more
The secondary ticketing site StubHub wants to give back to its most loyal customers by becoming the first secondary ticket marketplace to launch a loyalty program. Dubbed “StubHub Beyond,” the program is an auto-enrollment program for customers who have spent $10,000 or more on ticket purchases within a 12-month... Read more
Concert junkies can save money this weekend through StubHub’s special summer promotional deal which offers customers up to $100 off their purchase on the secondary ticketing site. The “Spend and Save” promotion will allow customers to receive $25 off of a purchase of $250, $75 off of a purchase... Read more
Coming less than two weeks away on June 11, the FTC Online Ticket Sales Workshop – “That’s the Ticket” – will feature three panel discussions and a keynote, according to the schedule the organization released this week detailing the day’s discussions. A who’s who of industry professionals and economic... Read more
In testimony given Tuesday to the Standing Committee on Canadian Heritage (CHPC) of Canada’s House of Commons, Ticketmaster and Vivid Seats agreed that governmental action against Bots is welcomed by many within the ticketing industry. But the companies diverged on whether or not action should be taken on holdbacks... Read more