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.

Resellers around the world, get ready for some more competition. Ticketmaster, in response to recent trouble over Australian Ashes tickets being found on eBay for up to six times their face value, says they want to start offering controlled auctions to reduce demand for secondary market tickets. Around 1,300... Read more
By Christine Paluf Fans may need to be more cautious when purchasing tickets from Live Nation and Ticketmaster, as a number of fans recently found their tickets had been sold to more than one person. Despite releases about the secondary market and the dangers of purchasing tickets from resellers,... Read more