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Ticket resale is common in both sporting and musical events. 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).
StubHub is an American ticket exchange and resale company. It provides services for buyers and sellers of tickets for sports, concerts, theater, and other live entertainment events. By 2015, it was the world's largest ticket marketplace.
Ticketmaster and Live Nation has faced backlash for their dynamic pricing system and "platinum" tickets when tickets for Bruce Springsteen's and Blink-182's 2023 tours went on sale in July and October 2022 respectively, which saw fans of both acts criticize prices for random seats across the venue going for hundreds or thousands of dollars ...
A ticket stub from Michael Jordan’s 1984 NBA debut had sold for $264,000, establishing a record for any vintage sports ticket. The deeper Cole read into the story, the more his hands began to shake.
CheapTickets was founded in 1986 in Honolulu, Hawaii, by Michael and Sandra Hartley when inter-island carrier Mid Pacific Air gave 3,000 tickets to Hartley's employer at the time, advertising firm Regency Media, as payment for its services at the time Regency closed its Honolulu branch.
1969: Super Bowl III. Average Ticket Price: $12 Inflation Adjusted: $95 Attendance: 75,389 Interestingly, this was one of the only two Super Bowls held in the same stadium in back-to-back years.
Vivid Seats is a middleman between ticket buyers and sellers, taking a 10% commission once tickets have sold [16] and additionally charging buyers service fees (circa 20–40% [17]) and shipping charges.
On July 23, 1999, [9] Ticketmaster Online-CitySearch, a subsidiary of Pasadena-based Ticketmaster filed a lawsuit in the U.S. District Court for the Central District of California against Tickets.com in an attempt to block Tickets.com from disapproved deep linking to Ticketmaster, [21] asserting that the practice caused them monetary losses on ...
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