Ticketmaster Entertainment, Inc. was established in 1976 and is the world’s largest ticket company, generating revenues of well over $1 billion annually. In 2008, the company acquired Front Line Management Group, world’s leading artist management company, and changed its name to Ticketmaster Entertainment to better reflect its evolution into a “live entertainment ticketing and marketing company.” Ticketmaster Entertainment, Inc. is the parent company, and Ticketmaster is the operating business. Ticketmaster Entertainment is headquartered in West Hollywood, CA, and its stock trades on NASDAQ under the symbol “TKTM.”
The company operates in 20 markets around the world, and not only provides primary ticket sales, it also offers secondary ticket sales through its own TicketExchange and TicketsNow subsidiary.
In addition, the company has marketing and distribution through its Web site, www.ticketmaster.com, an immensely popular e-commerce site, and it has about 6,700 retail outlets, and provides exclusive ticketing solutions and other services for more than 10,000 clients, including arenas, stadiums, professional and college sports teams, theaters and performing arts venues, among others. Ticketmaster sells more than 140 million tickets annually.
In 2009, the company lost its largest client, Live Nation, which struck out on its own to launch its own primary ticketing business.
By Alfred Branch, Jr. TicketNews.com Connecticut’s move to legalize the reselling of tickets was big news last week, but another acquisition by Ticketmaster and the massive Live Earth concerts nearly stole the show. With little fanfare considering its potential impact on the state’s economy, Gov. Jodi Rell signed the... Read more
TicketNews.com Fredric D. Rosen, former President and CEO of Ticketmaster, will be the keynote speaker at the second annual TicketSummit 2007 later this month, the event’s organizers TicketNetwork announced last week. A true heavyweight of the ticketing industry, Rosen is slated to speak about changes in the event ticketing... Read more
By Alfred Branch, Jr. Ticketmaster announced Monday it was buying ticketing software company Paciolan for an undisclosed amount, but not before federal regulators review the deal to see if it violates any anti-trust issues. Either the Federal Trade Commission or the Anti-Trust Division of the Department of Justice will... Read more
By Alfred Branch, Jr. TicketNews.com A showdown may be looming between the two heavyweights of the concert business over who gets to make money, and how. On one side are the venues, promoters and primary ticketers who have traditionally collected a large cut of a concert’s revenue, and on... Read more
VERNON, CT — (TICKETSUMMIT) — 06/27/07 — Ticket Summit, the secondary ticket industry’s premier conference and trade show, today announced that Fredric D. Rosen, former Ticketmaster President and CEO, will deliver the event’s keynote address July 18th. Ticket Summit 2007 will take place at the world-class, Venetian Resort Hotel... Read more
By Stacey Willets Ticketmaster feels the heat in TicketNews.com’s exclusive weekly Top Ten Primary and Secondary Live Event Ticket Sellers Rankings for the week ending 6/19/07, released this morning. Here is a quick taste of where all the websites stand. Ticketmaster may be the industry’s ticketing giant, but they... Read more
HAMILTON (CP) – There’s no guarantee that the NHL will be coming to Hamilton but hockey fans already have the option of reserving their seats at Copps Coliseum. Ticketmaster began taking deposits for Hamilton Predators season tickets on Thursday even though Jim Balsillie’s purchase of the NHL team in... Read more
When Peter Shapiro owned the wetlands, a New York City concert hall where Dave Matthews and Pearl Jam played in the 1990s, there was one sure path to a sellout: team up with Ticketmaster. Fans would line up outside record stores for tickets processed by Ticketmaster or call one... Read more
In a bid to further increase its global reach, Ticketmaster today announced it bought a majority stake in Emma Entertainment Ltd., a Beijing, China-based event ticketing and promotions company. Specific terms of the deal were not disclosed, but Emma Entertainment will change its name to Emma Ticketmaster and become... Read more
By Alfred Branch, Jr. Another day, another Ticketmaster legal tussle. In a move to protect Evite.com, the online party invitation site it owns, Ticketmaster is threatening to sue upstart rival Socializr.com for allegedly using a snowflake design, among others, that too closely resemble ones on Evite.com. The two-month-old Socializr... Read more