"Creating a network that truly meets the needs of concert goers that purchase multiple tickets for their friends, sports fans that manage season tickets, or theater patrons that have tickets across a multitude of events was key to our design," said Gilfus.
NEW YORK - Live Nation Inc., the US music promoter competing with Ticketmaster Entertainment Inc. for concert ticket sales, named movie rental chain Blockbuster Inc. as its physical retailer.
Blockbuster will offer customers exclusive blocks of tickets at about 500 stores during the first four hours events go on sale, the companies said yesterday in a statement. General tickets will also be available through the chain. Financial terms of the three-year deal weren't disclosed.
The agreement follows Live Nation's exclusive deal, disclosed in September, to sell tickets for North American venues controlled by SMG, a manager of 216 facilities in the United States, including arenas and stadiums. Beverly Hills, Calif.-based Live Nation, the biggest US concert promoter, also will begin selling tickets for its own events next year after its arrangement with Ticketmaster expires this month.
Ticketmaster, the biggest US ticket broker, sells tickets online and through 2,000 retail outlets, including Macy's department stores and Giant Eagle supermarkets, according to its website. The company added a stable of musical acts, including the Eagles, by acquiring Front Line Management Group in October. It has also dropped surcharges from the sale of some tickets, The Wall Street Journal reported last month.
So Ticketmaster will be offering fans - a savings of up to 40% on future ticket purchases through the elimination of the convenience fee? Calling this strategy - "all in ticketing" is more then a play on words. It's high stakes gambling.
Sound too good to be true? Kind of fishy considering that those fees are what generate revenues for TM.
Could it be that a revenue share deal has been struck with the artists for running premium tickets through TicketsNow? Makes $ense actually. Never mind 25-40% - let's split the 200 - 300% mark-up that the brokers have been enjoying.
Are the brokers standing by crying in their beers? Not likely, considering the growth of www.ticketnetwork.com - the viral broker POS system which allows just about anyone to play in the secondary market.
The race is on to corral the wild secondary market. Grab a shovel and head West young men and women....
The worlds largest ticketing agency has been through a few tough scenarios recently. How is 2008 working out for the new TKTM?
Ticket Brokers are barking mad about the TicketsNow match-up which appears to have primary tickets shuffled into the secondary market in a behind the scenes shell game. The general public is also catching on and asking about what may be a really seriouse issue for TKTM. A "fumble" here can be a real snafu.....
China? In Dillers own words - "fools gold" - not a great endorsement to label your key strategy for growth. From where we sit, China and the Olympics are one thing - the post Olympics China will quickly show TKTM whether it be real or fools gold.
IAC/Ticketmaster - The Beijing Olympics, Hannah Montana Tour, Ticket Brokers, lastly Live Nation. Too many hot issues for Barry Diller to stomach?
Resale deals with NHL and NFL- If industry estimates are correct, the NFL deal would likely cost Ticketmaster about $20million per year for the current agreement. The business model of rebates, or prepayments toward future revenues is great when you have $1billion in cash to play with. Now that Ticketmaster is facing the future without the support of IAC 2008 will be sure to present a reality check.
Beijing Olympics-his high stakes, centerstage fiasco could be the "brookstone" of David's own doing. In the David - vs. - Goliath world, a single stone, well placed ended a conflict. The Asian market is (was) critical for future expansion and growth. This market however, may have taught an American Icon a very painful lesson. Chinese ticketing services are far more capable and sophisticated then we may (want to) believe.
Hannah Montana - On one side, if someone figured out how to buy all of my goods which resulted in driving demand - is that really a bad thing? After all, capitalism depends on supply and demand. The public responded to an economic theory of supply and demand. But, is Ticketmaster guilty of brand - infandelity?
Live Nation and Eventim: Anyone faced with a 20 - 25% loss of income is likely to pucker. Add the fact that there will likely be a continued loss due to the addition of a customer that is now a competitor will certainly be an interesting challenge for 2008.
Introducing the Brand Formerly known as Tix.com
As a Ticketing 2.0 benchmark, Tix exemplifies the emerging class of ticketing companies that are able to offer enterprise level solutions built on fluid and distributed technology platforms. TIX, with over 1,600 clients supports venues as small as 75 seats up to 20,000 seats.
A quick visit to this firms website presents a varied - in size, scope and location customer base. The ability to offer customized user interface among a standardized control panel or suite of options is yet, another marker of the Ticketing 2.0 evolution.
As a lifestyle marketing and entertainment company, Wantickets represents the next generation of content provider for the entertainment market. With offices in Los Angeles, Las Vegas, New York, Miami and Montreal this division of Track Entertainment can have you covered. if you are looking to get into an exclusive club like the Crobar, Playboy, or VooDoo then you likely are already familiar with Barak and his team.
Wantickets success in the club space is likely due to the relevance and connection of each core property of their parent Track Entertainment. If you are in your mid 20's technology savy and looking for a weekend that you won't soon forget, Wantickets with Wantravel can swoop you away to an inclusive adventure to satisfy whatever it is that floats your boat.
We are pleased to announce that Jonathan Krane, President of Emmahas accepted the position as Contributing Editor for the Asian Region. Mr.Krane has significant experience in booking, promoting and managing large scale entertainment events and venues and will be providing unique and critical insights to this market for you - the members of Ticketrends.com
"Jon really understands the local market in China. For over three years, he has been establishing relationships and providing, venue management, ticket sales and marketing services. Jon brought the Rolling Stones to China, we are very excited to have him as a Contributing Editor and Founding Sponsor of www.iataca.org" Brian Sikorski ( Executive Director)
As a lifestyle marketing and entertainment company, Wantickets represents the next generation of content provider for the entertainment market. With offices in Los Angeles, Las Vegas, New York, Miami and Montreal this division of Track Entertainment can have you covered. if you are looking to get into an exclusive club like the Crobar, Playboy, or VooDoo then you likely are already familiar with Barak and his team.
Wantickets success in the club space is likely due to the relevance and connection of each core property of their parent Track Entertainment. If you are in your mid 20's technology savy and looking for a weekend that you won't soon forget, Wantickets with Wantravel can swoop you away to an inclusive adventure to satisfy whatever it is that floats your boat.
We are pleased to announce that Jonathan Krane, President of Emmahas accepted the position as Contributing Editor for the Asian Region. Mr.Krane has significant experience in booking, promoting and managing large scale entertainment events and venues and will be providing unique and critical insights to this market for you - the members of Ticketrends.com
