corigin.com

sofware news

TicketMaster Buys TicketsNow For $265 Million

Posted in Live (January 16, 2008 at 6:32 pm)

Just in time for the Super Bowl and ahead of IAC’s (IACI) breakup, Ticketmaster has struck a deal to acquire online ticket scalper TicketsNow for $265 million. This follows eBay’s (EBAY) acquisition of StubHub for $310 million last year. TicketsNow is the second-largest online ticket scalper after StubHub, having sold $200 million worth of tickets in 2006.

Many
of the tickets that scalpers, er, brokers, sell on these secondary
marketplaces are initially purchased from the Ticketmasters of the
world. So the markup is a missed opportunity for Ticketmaster, whose
own TicketExchange has shown lackluster performance.

…more

eBay Watch: Ticketmaster Expands, Skype’s Counter-Cyclical Spin, StubHub’s Daytona DealBlue Nile In Line with Guidance, Jumps on Lack of DisastereBay Watch: Skype Reaches 11m Concurrent Users, Kijiji Reaches 250,000LookSmart News Ignored by MarketGuess Who Owns Those One Letter Dot Com Domain Names?

No Responses to “TicketMaster Buys TicketsNow For $265 Million”

  1. Lucian Says:

    All Recommended diet pills film.

  2. Neena Says:

    A Sample healthy diet gallery from Andy.

  3. Austin Says:

    Haven’t You Seen “Rohypnol cheap buy” movie clips Yet? You Should!.

Leave a Reply

You must be logged in to post a comment.