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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 brokers who sold tickets for lower rates.
The Eras Tour by Taylor Swift is the highest-grossing tour of all time. Coldplay 's Music of the Spheres World Tour is the highest-grossing tour ever based on officially reported boxscores of Billboard and Pollstar. The following is a list of concert tours that have generated the most gross income. The data and rankings come largely from ...
When a ticket reseller buys concert tickets at a lower price and sells them for a bit more, they make a profit. Here's how to sell concert tickets to make an extra buck on the side.
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 ...
Viagogo was founded in 2006 in London as a secondary ticketing marketplace by Eric Baker, the co-founder of US-based StubHub. [5] [12] With sections established to provide an online marketplace for sports, music, theatre and comedy tickets, the company's launch included official partnerships with Chelsea FC and Manchester United FC, [5] with the sports clubs sharing in the commission revenue ...
SeatGeek is a mobile-focused ticket platform that enables users to buy and sell tickets for live sports, concerts, and theater events. SeatGeek allows both mobile app and desktop users to browse events, view interactive color-coded seatmaps, complete purchases, and receive electronic or print tickets.
Alternatively, Qantas can give customers a refund or sell the same ticket at the correct fare, according to the carrier's terms. In 2023, the airline agreed to pay nearly $70 million to passengers ...
Revenue. $1.5 billion. Number of employees. 500 (2018) [3] Website. www.vividseats.com. Vivid Seats Inc. (stylized as vıvıdseats) is an American ticket exchange and resale company. [4] The company went public on October 19, 2021, after a merger earlier in that year with Horizon Acquisition Corporation, a SPAC.