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TICKETMASTER

The Wire

Deal costs lower Live Nation, Ticketmaster profits

Proposed merger partners Live Nation Inc. and Ticketmaster Entertainment Inc. both said Monday that their earnings were hurt by costs related to the deal, which is expected to drag into 2010 as regulators explore antitrust concerns.

Live Nation-Ticketmaster deal vote set for Jan. 8

In a tacit acknowledgment of a delay in their plan to combine, Live Nation Inc. and Ticketmaster Entertainment Inc. said in filings Friday that a shareholders meeting to approve the deal is set for Jan. 8.

US likely to follow UK objections on Ticketmaster

Regulators in the U.K. and U.S. appear likely to impose conditions on the merger of concert promoter Live Nation Inc. and ticket-selling giant Ticketmaster Entertainment Inc. now that British authorities came out against the deal Thursday.

Correction: Ticketmaster-Scalpers story

In a story Sept. 17 about resales of event tickets, The Associated Press misstated the impact of Ticketmaster Entertainment Inc.'s new system that lets holders of "paperless" tickets sell their seats.

Ticketmaster finds another way to cut out scalpers

Ticketmaster Entertainment Inc. has developed a new way to resell tickets that shuts out the brokers and scalpers it has long scorned.

Ticketmaster 2Q net income falls 70 pct

Ticketmaster Entertainment Inc. said Thursday its second-quarter net income plunged 70 percent as ticket sales volumes fell and the company booked expenses over its pending merger with concert promoter Live Nation Inc.

Ticketmaster, Live Nation merger raises concerns

A growing chorus of lawmakers is warning that the proposed merger of ticketing company Ticketmaster Entertainment Inc. and concert promoter Live Nation Inc. raises serious competition concerns and deserves close antitrust scrutiny.

Ticketmaster, Priceline.com form partnership

Ticketmaster and Priceline.com Inc. said Thursday that they will team up in order to give the ticket seller's online customers access to various travel services.

Complaints about concert tickets closes sites

A Ticketmaster Entertainment Inc. subsidiary has reached an agreement with the Illinois Attorney General after complaints of overly high-priced tickets to Hannah Montana and Bruce Springsteen concerts.

Ticketmaster 1Q profit falls on lower ticket sales

Ticketmaster Entertainment Inc. reported a 78 percent drop in first-quarter profit Tuesday as ticketing sales fell and a distribution agreement with merger partner Live Nation ended. The company also incurred costs related to the upcoming merger.

Class action status sought in NJ Ticketmaster suit

Two women have sued Ticketmaster in federal court in New Jersey and are seeking class-action status.

Fairness of ticket brokering is under scrutiny

The company in Texas has roughly 100 computers and their own software programs, buying concert tickets in bulk the instant they're available.

Regulator looks closer at Ticketmaster-Live Nation

The Department of Justice has asked Ticketmaster Entertainment Inc. and concert promoter Live Nation Inc. for more information about their proposed merger, the companies said Friday.

Ticketmaster loses $1B in 4Q on accounting charge

Ticketmaster Entertainment Inc. lost $1.07 billion in the fourth quarter, as the ticket-selling company that hopes to merge with concert promoter Live Nation Inc. had to take a huge impairment charge to account for its falling share price.

Springsteen fans get a 2nd chance at NJ concerts

Bruce Springsteen fans who complained about how Ticketmaster handled online sales for New Jersey concerts are getting a second chance for seats.

Ticketmaster: AEG may cancel if merger succeeds

Ticketmaster's chief executive sought Thursday to allay antitrust fears over the ticket seller's planned merger with concert promoter Live Nation by revealing that a major venue operator has threatened to cancel its contract if the merger goes through.

Ticketmaster settles with NJ, faces Tues. hearings

Ticketmaster has agreed to change its online sales process after it directed people seeking Bruce Springsteen tickets to a subsidiary that charged up to 50 times the face value.

Live Nation, Ticketmaster at a glance

Concert promoter Live Nation Inc. and ticketing giant Ticketmaster Entertainment Inc. confirmed merger plans Tuesday. Here is a look at the companies.

Justice Dept. to probe Ticketmaster deal

The Justice Department will investigate the proposed merger of ticketing giant Ticketmaster Entertainment Inc. with Live Nation Inc. to see if it would create an unfair monopoly in the ticket-selling business.

Ticketmaster, NFL Ink Ticket Resale Deal

Ticketmaster plans to launch a Web site next year where people can resell tickets to pro football games, the latest push by the event ticketing company into the lucrative secondary ticket market.

Judge Bars Automatic Ticketing Software

A federal judge has granted a request by Ticketmaster LLC to block a software company from making or distributing computer programs used to flood the ticket retailer's Web site with orders, beating consumers who log onto the Web site manually to buy tickets.

The Vine
Failed Online Navigation Software Maker Sues Google, Yahoo And More Over Patent
Source: TechCrunch

Bone-headed patent lawsuit number 573482: a company called WebMap Technologies is suing a host of technology companies over an online map patent that was issued over 5 years ago, reports Law360 (requires registration).

The Bad Boys of Business: Ticketmaster/Live Nation
Source:

They're the Batman super-villains of the music world.

Merriweather Post Operator Decries Live Nation's 'Death Grip'
Source: The Washington Post

Nice to see someone standing up against the Live Nation Ticketmaster merger, even if it ultimately fails. Hurwitz is owner of the Washington based 9:30 club which is well known as a former outpost for the Dischord hardcore bands such as Minor Threat and Fugazi.

Indie Rock Sycophants: Hate the "Indie" Class Wars
Source: indierocksucks.blogspot.com

It's the music that came after the 60s when the boomers sold out and went to Wall Street. The leftover scraps of folk, prog, and psychedelia, warmed over to a gooey mush in a microwave and repackaged and sold to now middle-aged investment bankers as nostalgia.

Senate pushes for sale of Ticketmaster's TicketsNow division
Source: Milwaukee Busisness Journal

On the first days of hearings led by Sen. Herb Kohl of Wisconsin relating to the proposed merger of Live Nation Inc. and Ticketmaster Entertainment Inc.. a point of contention involved Ticketmaster's TicketsNow division.

Live Nation and Ticketmaster Entertainment agree to unprecedented merger | TicketNews
Source:

The two biggest names in concert promotion and ticketing have formally agreed to become one.

Britney Spears coming to Washington D.C. on March 24
Source: Examiner

Excerpt: Womanizer, womanizer, oh you're a womanizer. Excuse me for typing that lyric from Britney Spears' latest hit, but it has been stuck in my head ever since I got word she is coming to Washington, D.C. on March 24.

Ticketmaster Obtains TicketsNow
Source: webpronews.com

Late last week, IAC's Ticketmaster completed its acquisition of a software provider called Paciolan.  Today, Ticketmaster is on the move again with a $265 million deal to buy TicketsNow.

Dolly is back

TICKETS are now on sale for Dolly Parton's Odyssey Arena concert in June. Following a sell-out tour of the UK earlier this year, the music legend is returning to the Odyssey Arena on June 24.

RMG barred from selling software to be used on Ticketmaster site
Source: Delaware County Times

A federal judge on Monday ordered a Pittsburgh company to stop selling software that lets users flood the Ticketmaster Web site with requests and snap up tickets in bulk, beating the humans who log in manually to buy tickets.

How to Get Five Free iTunes Song Credits
Source: CNET News.com

How would you like five free iTunes song credits to get any songs of your choice? Well, you can, and it's really simple. The first requirement is that you need a Facebook account.

In the Race to Buy Concert Tickets, Fans Keep Losing
Source: The New York Times

Frustration with the speed with which concert tickets sell out, only to be offered by resellers at a higher price, has led to several investigations by state attorneys general.

Cleveland Cavaliers take Ticketmaster to court
Source: Cleve-Blog

The Cleveland Cavaliers and a corporate cousin, Flash Seats LLC, are taking Ticketmaster to the courts.

Promoters finding ways to sidestep Ticketmaster
Source: Chicago Sun-Times

So you want to see a concert this summer. You're daunted by the prices, but you decide to take the plunge and buy tickets online for a favorite artist. Just before committing to pay on your credit card, you discover the total is 25 percent higher than what you expected to pay.

Ticketmaster starts taking deposits
Source: Tsn.ca

There's no guarantee the NHL is headed to Hamilton but that hasn't stopped hockey fans from opening their wallets.

Ticketmaster Buys Stake in Chinese Ticket Seller | Ticket News
Source: CNET News.com

The investment in Emma Entertainment marks the third deal Ticketmaster has secured in the People's Republic of China within the past year, following its formation last fall of a joint venture called Beijing Gehua Ticketmaster Ticketing Co.

Law Professor: Ticketmaster Has a Difficult Case | Ticket News
Source: CNET News.com

In its lawsuit filed last month against rival StubHub!, Ticketmaster will have the difficult task of proving "contract and economic interference" against a defendant for which it does not have a legal agreement, according to a law professor who is familiar with the case.

Live Nation and eBay Team Up For Police Ticket Auction | TicketNews
Source: CNET News.com

In a move that could be considered an admission of acceptance, Live Nation and eBay have teamed up to auction tickets for July 5th Police show at Wrigley Field in Chicago.

Interview with Ismail Elshareef of Noisetap
Source: 606tech.com

Noisetap is a product of Cottenblend, a creative agency specializing in web development, and provides a rare blend of user-generated resources for the music community. There is a ranking system built into their service that pushes the best content to the top.

A Parrothead finally gets to visit Margaritaville

I've been a Jimmy Buffett fan for awhile now. Some of my friends can't understand why I'm enthralled by his music, and still picture me as the atypical Buffett fan. But I've scored some converts [my brother most notably], and I still trudge on.

NewsForge | Open source is the ticket for In Ticketing
Source: NewsForge

Open source is the ticket for In Ticketing Ticket broker In Ticketing is going head to head with Ticketmaster. It's able to offer lower fees for the same services because of open source software, says co-founder and CTO Marc Urbaitel.

Can selling tickets on Stubhub work as a second job?

Some notes before I start the body of this article: I do not condone the act of scalping tickets at all. I have realized long ago that scalping only makes it difficult for those who really want to attend concert and sporting events to be able to go.

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