Ticketmaster
Ticketmaster
Ticketmaster is a ticket sales and distribution company founded in West Hollywood, Calif. , USA , with operations in many countries around the world. Generally, Ticketmaster’s clients (arenas, stadiums, and theaters) moderate their events, and Ticketmaster merely acts as a broker, selling the tickets that the clients make accessible to them.
One of the first ticketing companies to sell tickets on the World Wide Web, Ticketmaster now sells a great pct of its tickets online, a few via telephone, and a portion through its numerous ticket retail stores.
Ticketmaster has recently dedicated substantial resources to counter fraudulence. Other technology includes barcoded tickets, which offers the ability for fake tickets to be rejected at the point of entry.
Ticketmaster’s market share remains over 50% of total sales for tickets in the U.S. In spite of the ready accessibility of web-based ticketing software systems, Ticketmaster carried on to see income growth in 2006 & 2007.
- In Feb 2008, TicketsNow was acquired by Ticketmaster for $265 million and presently functions as a wholly owned, independently operated subsidiary.
