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As of 2016, ticket resale was Ticketmaster's fastest growing business. [47] In 2022, Ticketmaster was experimenting with a demand-based, dynamic pricing which would vary the ticket price based upon demand. The new system is touted to give artists a higher share of the revenues that would otherwise be coming through resale ticket sales. [48]
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Responding to concerns about people buying tickets only to resell them at a markup, Ticketmaster said that "historically, Verified Fan onsales see only about 5 percent of tickets end up on the ...
In the process of the 2022 Viagogo purchase, StubHub again became a private company after being public for 13 years. [27] In January 2022, it was reported that StubHub Holdings was considering an IPO and had filed with the U.S. Securities and Exchange Commission. Bloomberg reported that the transaction could possibly value StubHub at US$13 ...
Live Nation is an American events promoter and venue operator based in Beverly Hills, California.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.
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