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History. Ticketmaster was founded in Phoenix, Arizona in 1976 [4] by college staffers Peter Gadwa and Albert Leffler, Gordon Gunn III, as well as businessman Jerry Nelson. [5] [6] The company originally licensed computer programs and sold hardware for ticketing systems.
Live Nation Entertainment, Inc. is an American multinational entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. It promotes, operates and manages ticket sales for live entertainment internationally.
Here’s a timeline of some of the dustups between artists, fans, and Ticketmaster over the years. Pearl Jam vs. Ticketmaster — 1994
Founded in 1996 by Robert F. X. Sillerman as SFX Entertainment, the company's business was built around consolidating concert promoters into a national entity to counter the oversized influence of ticket behemoth Ticketmaster.
Ticketmaster was the subject of several controversies, such as anti-competition claims, deceitful relationships with scalpers, data breach, deceptive pricing, and dynamic pricing. According to consumer organizations, Ticketmaster and Live Nation control over 70% of the primary ticketing and live event venues market.
Ticketron was a computerized event ticketing company that was in operation from the 1960s until 1990. It was the industry leader until overtaken by Ticketmaster. In 1990, the majority of Ticketron's assets and business were sold and the following year they were sold on to rival Ticketmaster.
By 2015, it was the world's largest ticket marketplace. [1] [2] While the company does not currently disclose its financials, in 2015 it had over 16 million unique visitors and nearly 10 million live events per month. [3] StubHub was founded in 2000 by Eric Baker and Jeff Fluhr. [4]
Attorney, business executive. Known for. former CEO of Ticketmaster. Spouse. Nadine Schiff. Fredric D. Rosen is an American attorney and business executive. He was the president and chief executive officer of Ticketmaster from 1982 to 1998.
Michael Rapino (born 1965) is a Canadian-American businessman and the CEO and president of Live Nation Entertainment, Inc, which was formed in 2010 following the merger of Live Nation and Ticketmaster.
In October 2008, Ticketmaster announced it would acquire the management company Front Line Management Group, Inc. As part of the deal, Azoff, who was founder and chief executive officer of Front Line, became chief executive officer of Ticketmaster, and was named chairman of Live Nation in February 2011.