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Ticketek has received severe criticism for excessive booking fees and delivery charges. [14] A 2009 review of ticketing agencies by the Australian consumer magazine, Choice , criticised the ticketing industry for lack of competition, insufficiently transparent pricing, and for a lack of information on seat location before booking. [ 15 ]
That is so with tickets bought from Ticketek, an Australian-based ticketing company. Efforts to clamp down on ticket resale have included labeling tickets with the name or a photograph of the buyer [ 17 ] and banning people without tickets from the vicinity of the event to prevent the purchase of secondary market tickets.
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.
Ticketmaster was founded in Phoenix, Arizona in 1976 [5] by college staffers Peter Gadwa and Albert Leffler, Gordon Gunn III, as well as businessman Jerry Nelson. [6] [7] The company originally licensed computer programs and sold hardware for ticketing systems.
The most recent campaign was carried out in April 2022, encouraging consumers to purchase their tickets from STAR members to ensure they are buying from a legitimate source. STAR is actively promoting safe ticket buying and provides advice on its website to prevent consumers from becoming victims of ticket fraud.
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In 2017, Live Nation Entertainment reported revenue of $10.3 billion. [16] [17]In April 2018, the United States Department of Justice launched an investigation following allegations by AEG that Live Nation pressured them into using Ticketmaster and intentionally avoided booking acts for AEG venues. [18]