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With icons like Taylor Swift on tour this summer, concert ticket purchases are booming. Unfortunately, so are ticket scams. In 2022, the Better Business Bureau (BBB) received over 140 reports on ...
Since employing this method, StubHub has apparently sold 4.9 million tickets … StubHub Sued for Illegally Boosting Profits With Deceptive Pricing and Junk Fees in Washington, D.C. Skip to main ...
In late 2019, StubHub disclosed having sold $4.75 billion in tickets in 2018 with $1.1 billion in annual fees, and sold tickets in 44 countries, particularly the United States. [58] On November 25, 2019, the competing service Viagogo —which was founded by Baker and has a major presence in Europe—announced that it would acquire StubHub for ...
Since StubHub adopted this pricing model in 2015, the company has sold almost 5 million tickets to Washington, DC, consumers alone, generating $118 million in “hidden” fee revenue, according ...
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 ...
A backstage pass is a credential which allows its bearer access to restricted areas at a performance or conference venue, most commonly associated with music and entertainment events. Backstage passes can come in the form of lanyards, stickers or wristbands. To deter counterfeiting, these passes often include holograms and unique artwork.
The IRS's rules apply to all sales, not just those made on online platforms like StubHub or Ticketmaster. If you sold tickets and exceeded $400 in profits, you're required to report this income on ...
An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.