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Ticketmaster made $85 million in fees, from customers who took about eight months on average to cancel their enrollment in the program. 1.12 million customers were eligible to claim up to a $30 refund.
Ticketmaster is claiming that only 1.3% of total tickets so far have gone for more than $1,000. Ticketmaster further broke down the percentages on the 56% of tickets it says were sold for under $200. It said that 18% were sold under $99, 27% went for between $100–$150, and 11% sold for between $150–$200.
The company has faced various lawsuits alleging ticket price fixing, hidden fees and anti-competitive practices. [50] [51] [52] In May 2022, Representative for New Jersey's 9th congressional district Bill Pascrell stated that he had issued letters to the Federal Trade Commission and U.S. Department of Justice calling for Live Nation to be ...
National Parks. The bad news is that the $10 lifetime pass for U.S. citizens and residents 62 and over now costs $80, although there's an annual pass for $20. The upside is that you still get into ...
The measure was taken in response to ticket scalping and resale markup of tickets on secondary markets and adopted during Miley Cyrus (2009) World Wonder Tour, although Ticketmaster first experimented it with AC/DC's Black Ice World Tour (2008–10). Ticketmaster has since changed the name of the system to "Credit Card Entry". The system ...
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 ...