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.
The month of May saw both Ticketmaster and StubHub maintain their hold over the ticketing market as compiled within TicketNews’s weekly power rankings of the internet’s top primary and secondary ticketing websites. The primary ticket market was once again dominated by Ticketmaster, who held the first place ranking throughout... Read more
“Ticketmaster Appoints Brian Regan Chief Financial Officer” WEST HOLLYWOOD, Calif. (PRNewswire) June 10, 2008 – Ticketmaster today announced the appointment of Brian Regan to executive vice president and chief financial officer effective June 9, 2008. Mr. Regan joins Ticketmaster from Expedia, where he most recently served as senior vice... Read more
A class action lawsuit filed in a U.S. District Court in California last week is challenging the practices of Ticketmaster and the National Collegiate Athletic Association (NCAA) that together use a lottery system to distribute tickets for some of the NCAA’s hottest events, such as the NCAA Men’s Basketball... Read more
In a four-page memo to its members this week, the National Association of Ticket Brokers essentially vouched for Ticketmaster and TicketsNow in the companies’ efforts to address broker concerns, but the NATB said that it will continue to monitor the two especially as it relates to any government legislation... Read more
“The E-Center Moves to Ticketmaster” SALT LAKE CITY, UT (PRNewswire) May 20, 2008 — The E-Center selected Ticketmaster, the world’s leading ticketing and marketing company, to serve as the exclusive ticketing provider for all events held at the venue. Under terms of the multi-year agreement, Ticketmaster is providing the... Read more
By Petrina Crockford Beginning with Tom Waits’s Glitter and Doom Tour, Ticketmaster will start implementing a new Paperless Ticket™ technology, giving fans a more convenient event experience. According to David Marcus, Ticketmaster senior vice president, Music, the Paperless Ticket™ will be introduced at major venues across North America and... Read more
As Ticketmaster fights to end the use of software that allows ticket brokers to purchase blocks of tickets from their site, such as ones developed by RMG Technologies, a recent feature by the ESPN program “E:60” revealed that the ticketing giant has profited from the use of the same... Read more
Emphasizing that they are committed to helping brokers sell more tickets, the CEOs of Ticketmaster and TicketsNow Tuesday said that the future of their business will rest on the growing strength of their relationship with brokers. The two CEOs, Sean Moriarty of Ticketmaster and Cheryl Rosner of TicketsNow, however,... Read more
With questions swirling around concerning the landscape of the secondary ticket market under the umbrella of Ticketmaster and its new division TicketsNow, more than 100 brokers met with representatives of the two companies today, May 13, at the Palms Casino Resort in Las Vegas to clear the air. Just... Read more
“Ticketmaster Introduces Paperless Ticket(TM) Saving Time and Trees” West Hollywood, CA (NEWSWIRE) May 13, 2008 – — Ticketmaster is taking the next big leap in ticketing technology with Paperless Ticket(TM). — Fans will no longer have to stand in line to pick up tickets at will call. — Fans... Read more