TicketMaster

  • Ticketing Startups Launch Multi-Million Dollar Funds To Combat TicketMaster Merger

    With the proposed $2.5 billion merger between TicketMaster and Live Nation looming large, many venue owners and promoters are up in arms, deeming the deal anti-competitive and monopolistic (they may be right – the deal is being examined for possible anti-trust violations). Now ShowClix, a TicketMaster competitor that launched in early 2007, is launching the Fair Ticketing Fund… Read More

  • TicketMaster and Live Nation Agree to $2.5 Billion Merger

    This could be good news for the music industry, which suffers from steadily declining record sales and stands to benefit from more ticket sales for live performances. Or just another last-ditch measure to save itself from an inevitable death and rebirth. According to Paidcontent, Live Nation and Ticketmaster have entered into a definitive agreement to merge into an entity called Live… Read More

  • 19,683 Tech Layoffs And Counting

    This has been a brutal month or so for tech layoffs. According to our Layoff Tracker, there have been 19,683 job eliminations at tech companies announced since mid-September, and we’re not even counting the 24,600 people at Hewlett-Packard who are being eliminated as a result of its merger with EDS. But only five big companies make up more than 90 percent of the layoffs: Xerox (3,000)… Read More

  • Ticket Scalpers Seatwave Take $25 Million Series C

    European ticket resellers Seatwave have taken $25 million Series C in a round led by Fidelity Ventures that included Atlas Venture, Mangrove Capital Partners and Adinvest. Total funding for Seatwave to date is $36 million. London based Seatwave, like StubHub (acquired by eBay for $310 million) and TicketsNow (acquired by Ticketmaster for $265 million) resells tickets to major events. The… Read More

  • TicketMaster Buys Online Scalper TicketsNow For $265 Million

    Just in time for the Super Bowl and ahead of IAC’s breakup, Ticketmaster has struck a deal to acquire online ticket scalper TicketsNow for $265 million. This follows eBay’s acquisition of StubHub for $310 million last year. TicketsNow is the second-largest online ticket scalper after StubHub, having sold $200 million worth of tickets in 2006. Sources tell us Ticketmaster… Read More

  • Scoop: TicketMaster Pours $13.3 Million Into iLike

    In about an hour, we hear, iLike and TicketMaster will announce a strategic agreement that includes a $13.3 million investment in iLike for 25% of the company. That puts the value of iLike at a whopping $53.2 million. The company launched less than two months ago, on October 25. We love the iLike service, which provides an excellent iTunes plugin that constantly analyzes what music you listen… Read More