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With icons like Taylor Swift on tour this summer, concert ticket purchases are booming. Unfortunately, so are ticket scams.In 2022, the Better Business Bureau received over 140 reports on BBB Scam ...
StubHub was founded in March 2000 as a class project [7] by Eric Baker and Jeff Fluhr, both former Stanford Business School students and investment bankers. [8] One of its first major sports deals was with the Seattle Mariners in 2001. [9] In 2002, eBay was in talks to acquire StubHub for US$20 million, although the agreement had later "fallen ...
Taylor Swift performing on the Eras Tour in 2023. Ticketmaster received criticism for mishandling the U.S. ticket sale of the tour.. The American ticket sales platform Ticketmaster and its parent company Live Nation Entertainment were met with widespread public criticism and political scrutiny over blunders in selling tickets to the 2023 United States leg of the Eras Tour, the sixth concert ...
Washington residents’ per-capita spending on live entertainment outpaces that of many other major U.S. cities and since 2015, StubHub has sold nearly 5 million tickets in Washington and reaped ...
Revenue. $11.9 billion in 2019 [ 1] Number of employees. 6,678. Parent. Live Nation Entertainment (2010–present) Website. ticketmaster.com. Ticketmaster Entertainment, LLC is an American ticket sales and distribution company based in Beverly Hills, California with operations in many countries around the world.
StubHub is being sued for alleged deceptive fees and unfair pricing by Washington D.C.'s Attorney General.
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Ticket resale is common in both sporting and musical events . Ticket resale is a form of arbitrage that arises when the number demanded at the sale price exceeds the number supplied (that is, when event organizers charge less than the equilibrium prices for the tickets). During the 19th century, the term scalper was applied to railroad ticket ...
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