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.
Ex-Suns Ticketing Executive Gets Jail Time in Fraud Scheme
A former ticket office executive for the Phoenix Suns has been sentenced to a year in jail and three years…
StubHub Closing San Francisco, Shanghai Offices, Laying Off Staff
StubHub informed employees last week of plans to wind down its operations in San Francisco, California and Shanghai, China by…
StubHub parent Viagogo Hit With $24M Fine by Italian Regulator
Viagogo, the parent company of StubHub‘s North American businesses, was hit with a massive fine by authorities in Italy. Autorita…
StubHub System Update Jams Transactions for Partners, Customers
A StubHub systems update has led to numerous issues for clients, partners, and consumers dating back more than a week,…
Man Arrested in Boston Allegedly Selling Fake NBA Finals Tickets
Ticket prices for the NBA finals between the Boston Celtics and Golden Warriors have been so hot, team officials have…
StubHub’s Motion for Arbitration of COVID Refund Lawsuit Declined
StubHub could not manage to compel arbitration of refund denial claims by plaintiffs who bought tickets via its mobile application,…
NFL Tickets on Sale Tonight With League’s Schedule Release
Edit – 9 p.m. Thursday: The NFL Schedule for 2022 is out. The full team-by-team NFL schedule breakdown is posted…
Phoenix Suns Insider Pleads Guilty to Stealing, Reselling Tickets
A longtime Phoenix Suns ticket office employee has pleaded guilty to charges that he stole thousands of tickets over several…
SeatGeek, Viagogo Lead Ticketing Brands on Future’s Marketplace 100
The recovering of the ticketing and live events industry helped nine companies land on the Marketplace 100, a ranking of…
Stubhub Holdings Files for Direct Listing to Public Trading
Bloomberg is reporting that StubHub Holdings, which operates StubHub in North America and Viagogo, is making plans to go public….