Investors Push For eBay To Cut Ties With StubHub, Focus On Marketplace
A pair of investors, who hold a large stake in eBay, urged the company to either sell or spin-off StubHub and its classifieds unit in order to shift focus onto its Marketplace. New York investors Elliot Management Corp. and Starboard Value LP called on eBay to cut ties with... Read more
European Promoters Attempt To Restrict Ticket Resale To Face-Value
The Face-value European Alliance for Ticketing is another effort by the promoter and venue world to restrict consumer rights on the secondary market throughout Europe. FEAT just launched on January 17 at the live music conference Eurosonic Noorderslag (ESNS) with hopes to work towards face-value resale across Europe. They will... Read more
Opinion: Predict Ticketing’s Future By Creating It
By: Mark Miller, co-founder & CEO, TicketSocket In the popular book Drucker on Leadership: New Lessons from the Father of Modern Management, author William A. Cohen credits management guru Peter Drucker with instructing his grad students with the sage advice, “The best way to predict the future is to... Read more
Nathan Hubbard’s Ticketing Platform Rival Snags First Client
Rival, the ticketing company created by former Ticketmaster CEO Nathan Hubbard, has announced that it will partner with its first client, Kroenke Sports & Entertainment. According to Amplify, the deal was brokered between Josh Kroenke and his mom Ann, who had taken ownership over their father Stan Kroenke’s Denver... Read more
George Strait’s Fort Worth Show Sells Out Within An Hour, Angers Fans
George Strait announced a show at Dickies Arena in Fort Worth in 2019, and when tickets went on sale on Friday, the gig was sold-out in half an hour. Fans reportedly waited in a queue that was thousands of people long, and when the 14,000-seat arena sold-out in under... Read more
Chicago Woman Sentenced For Ticket Fraud Scheme, Owes $5 Million
A Chicago woman who ran a ticket fraud scheme has been sentenced to four years in prison and is ordered to pay nearly $5 million in restitution. Traci Monti, 44, was arrested in October 2016 and charged with seven counts of wire fraud along with two counts of money... Read more
Former Ticketing Director Pleads Guilty To Stealing $361K From UMN
A former University of Minnesota ticketing director admitted to stealing $361,000 from the school’s athletic department this morning. Brent Holck, 37, was charged with one count of wire fraud this past November. As of Friday, he pleaded guilty to the felony under an agreement with federal prosecutors. By choosing... Read more
Ticketfly Founder Launches Blockchain-Powered Ticket Platform
The Ticketfly co-founder and former president of TicketWeb, Dan Teree, has launched a new ticketing platform, Big Neon, which he hopes to have powered by Tari blockchain technology in 2020. Teree departed from Ticketfly in 2013, two years before it was acquired by Pandora and then sold to Eventbrite.... Read more
Ticketmaster, Live Nation Battle Against Consumer Class Action Lawsuit
A class action lawsuit against Ticketmaster was revealed earlier this week after a customer accused the ticketing giant of intentional fraud and over-charging consumers. The lawsuit was filed by customer Allen Lee in the U.S. District Court for the Northern District of California, brought by barristers Steve Berman and... Read more
USC Accidentally Makes Free Ticket Link Open To General Public
The University of South Carolina accidentally made a free ticket link to the upcoming South Carolina-Akron game open to the public. A link to free tickets for this Saturday’s game was supposed to be accessible for community groups and military personnel. However, due to “technical errors,” anyone could access... Read more