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.
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
Longtime StubHub executive Michael Katz has been announced as the new Chief Revenue Officer for DTI Management, where he will report to CEO Curtis Cheng, according to a press release. Katz joins DTI after 14 years at StubHub, most recently at the head of the company’s North American Supply... Read more
StubHub has appointed three new members to its leadership team: Arnie Katz, vice president and chief product and technology officer; Miguel Giribet Giral as vice president of global eCommerce; and Stephanie Burns, vice president and general counsel. The new executive talent brings decades of combined business and eCommerce experience,... Read more
The e-Bay owned secondary ticketing site StubHub announced today that Miguel Giribet Giral has been appointed as the Head of International as the company continues its expansion worldwide. Giral, formerly the the Chief Commercial Officer of the international fashion outlet Privalia, will be based in Madrid and work toward... Read more
Update (as of Thursday, March 7): “We take the CMA’s concerns very seriously,” Viagogo said in a statement to Ticket News. “However, we strongly believe we are not in breach of the court order. As the CMA indicated, we have successfully made several improvements to our platform to meet... Read more
In an era of monopolies dominating almost all industries, consumer privacy, transparency and fairness are being negotiated in legislative sessions throughout the country. When non-negotiable and imperative rights are up for debate, we have to begin to question the line between government responsibilities and corporate greed; two concepts that... Read more
eBay is reportedly in active negotiations with activist investors Starboard Value and Elliott Management, which could lead to the company’s split with StubHub and its Classifieds unit. According to The Wall Street Journal, eBay is close to settling a dispute to give the activists a seat on its board,... Read more
The Detroit Tigers have officially switched to using a mobile-only ticketing system for the 2019 season. Baseball fans will no longer be able to enter Comerica Park with paper tickets this year. Instead, they’ll have to show tickets on the Major League Baseball Ballpark app. A video on the... Read more