• Founded: 1976 in Arizona by Albert Leffler, Peter Gadwa, Gordon Gunn & Charles H Hamby Jr.
    • CEO: Irving Azoff
    • President: Eric Korman
    • HQ Location: 8800 Sunset Blvd, West Hollywood, California
    • Industry: Live Entertainment
    • Products: Ticketing technology, Ticket Sales, Ticket Resales, Marketing, Distribution of event tickets and information, support of venue renovation
    • Employees: 6,678
    • Revenue: Sold 142 million+ tickets valued at $8 billion in 2007

  • Ticketmaster

    Ticketmaster is a company that distributes and sells tickets for a range of different events, including musical concerts, sporting events and theater. Ticketmaster usually works as a ticket-selling agent for the venue or arena that is going to be holding the show.

    On February 10, 2009, concert promoter Live Nation announced plans to acquire Ticketmaster for $400 million in stock. Criticism of the proposed acquisition has come from rocker Bruce Springsteen and Senate judiciary chairman Charles Schumer.Reuters: Live Nation to buy Ticketmaster (February 10, 2009)

  • Planned Acquisition by Live Nation

    If the planned merger of Live Nation and Ticketmaster goes ahead, Ticketmaster shareholders will receive 1.384 shares of Live Nation common stock for each share of Ticketmaster stock they own. The acquisition has stirred antitrust alarms, since the new company would combine the most powerful ticket seller with the most powerful concert promoter.Reuters: Live Nation to buy Ticketmaster (February 10, 2009) New York Times: Live Nation and Ticketmaster Agree to Merge (February 10, 2009)

  • TicketsNow

    In February 2008, Ticketmaster acquired the company TicketsNow, which now works as a subsidiary of Ticketmaster on its own. This allows fans of various sporting events and other venues have a lot more choices for when they go to purchase tickets, as well as have someplace to resale tickets.

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