Ticketmaster

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Ticketmaster was first established in 1976 by two college students from Arizona. Little did they know that the company they started would eventually become the main ticket seller for thousands of events of all shapes and sizes throughout the world.

Ticketmaster makes its money by charging fees for the convenience of ordering tickets by phone or online via their website. The fees that go into a Ticketmaster ticket are a general service charge, a building facility charge (which goes directly into the venue's pocketbook), a processing charge (usually done for an entire order, not per ticket), and a shipping/E-Ticket/Will Call charge depending on how the tickets are distributed to the buyer.

While Ticketmaster is the biggest ticket distributor in the world, it does not come without criticism from the ticket buying public. Customers feel that the fees are excessive, and associated companies are also thinking their users are being unfairly priced out of buying tickets. In January 2008, Live Nation, a company owned by Clear Channel who promotes music and associated events throughout the United States, unceremoniously dumped Ticketmaster and their exclusive contract.

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Latest blogosphere posts tagged “Ticketmaster”

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  • Slayer and Megadeth Team Up for the “American Carnage” Tour


    The Silver TongueAuthority Authority: 145
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  • Im Moderating an Analytics Panel at NewTeeVee Live Tomorrow!


    Larry Kless' WeblogAuthority Authority: 419
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  • Ticketmaster, Taylor Swift and Keith Urban ticket holdbacks exposed


    TicketNewsAuthority Authority: 543
    Two of country musics hottest acts, Keith Urban and Taylor Swift , find themselves and their representatives at the center of a growing ticketing controversy in Nashville, as news of the extraordinary number of tickets that are held back and distributed to fan clubs and other parties comes to light. In both ...
    5 days ago
  • The ‘Fred’ Chooses Ticket Alternative over Ticketmaster for 2010 Tour


    Event Ticket NewsAuthority Authority: 122
    Atlanta, GA (The Fred) November 6, 2009 - The Fred has built its reputation through the years on small town values that have extended in part to providing superior customer service to a loyal and passionate customer base. Being accessible and friendly is often cited by these customers as the reason the 2,500 seat ...
    6 days ago
  • Ticketmaster / Live Nation merger: Revenues up for both companies in 3Q, but Live Nations profit is down


    TicketNewsAuthority Authority: 543
    Ticketmaster Entertainment and potential partner Live Nation both saw revenues rise for the quarter ended September 30, but while Ticketmasters third quarter profit also inched up, Live Nations dropped significantly, according to separate financial statements the companies released Monday. Live Nations revenues grew ...
    6 days ago
  • Live Nation and Ticketmaster file earnings, positive about merger


    RouteNote BlogAuthority Authority: 144
    Snapshot via Googles Finance service The two live entertainment giants released profit reports today, Ticketmaster having gained on last year’s figures, and Live Nation having declined slightly, year on year. The real news here is that talks for the merging of the two companies are looking positive, and the deal ...
    6 days ago
  • Chris Brown’s Comeback Attempt a Failure


    Beat TrendAuthority Authority: 137
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  • Ticketmaster / Live Nation merger: UK Competition Commission delays final decision


    TicketNewsAuthority Authority: 543
    Claiming it has a substantial amount of new information to review, the UK Competition Commission (CC), which issued preliminary findings last month against the proposed Ticketmaster/Live Nation merger , has decided to delay its final report on the matter until after the New Year. The final report was initially due ...
    1 week ago
  • Britain Extends Deadline for Ticketmaster Decision


    DealBookAuthority Authority: 773
    The British Competition Commission said Friday that it had pushed back the deadline for a final decision on the proposed merger of Ticketmaster and Live Nation.
    1 week ago
  • Jay-Z Announces Blueprint 3 2010 North American Tour Dates


    1VIBE.NETAuthority Authority: 145
    It has been just confirmed that Jay-Z will be doing a second leg of his successful Live Nation-produced Blueprint 3 tour. The second leg of the tour begins on February 22nd in Houston, Texas at the Toyota Center. Grammy-nominated rapper Yong Jeezy will join Jay-Z on tour and serve as opening act for the second leg of ...
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  • Kid Cudi - November 28th Kool Haus


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  • Can Eventbrite Shine in Ticketmasters World?


    NYT > TheaterAuthority Authority: 914
    Online ticketing company Eventbrite has raised $6.5 million from Sequoia Capital.
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  • Can Eventbrite Shine in Ticketmasters World?


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  • Live Nation Working To Turn Website Into More Of A Platform


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    Live Nation gets a bit of a bad reputation for some of the way it handles large stadium shows, but of the "big" music industry players, its actually one of the more interesting and better positioned companies out there, because it really has aligned itself to benefit from the sale of scarcities, rather than the sale ...
    1 week ago
  • AEG exploring possible partnerships with ticketing companies


    TicketNewsAuthority Authority: 543
    Looking at a landscape where the possibility of Ticketmaster and Live Nation merging remains strong, entertainment company and concert promoter AEG is reportedly looking at taking on a partner to sell tickets. According to Bloomberg , AEG is exploring potential deals with Veritix and MLBs Tickets.com , and also ...
    2 weeks ago

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