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(Reuters) - The U.S. Justice Department on Thursday sued to break up Live Nation Entertainment, saying the big concert promoter and its Ticketmaster unit illegally inflated concert ticket...
Only by adding the ticket to their cart, signing in to Ticketmaster, and then proceeding with the purchase would they see the total climb to $48.25, due to “service fees.”
Delivery fee – Charges added dependent on the ticket delivery method and credit card processing fees. Service fee – Sum of charges added based on the "agreement with each client (artists)" and the order processing fee. Ticketmaster "may earn a profit on the order processing fee".
Live Nation Reports Biggest-Ever First Quarter With $3.8 Billion, on Track for 'Record 2024'. Live Nation Concert Week Is Back: Get $25 Tickets to Peso Pluma, Maggie Rogers, Janet Jackson, 21 ...
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 "fallen ...
Vivid Seats is a middleman between ticket buyers and sellers, taking a 10% commission once tickets have sold and additionally charging buyers service fees (circa 20–40%) and shipping charges. Partnerships. In February 2017, ESPN made Vivid Seats its official ticket provider, replacing StubHub.