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Wall goes on to compare Ticketmaster’s 5% take rate with that of companies like Twitch (50%), StubHub (37%), Uber (25%) and several more. But with the exception of StubHub — a resale platform ...
Many credit cards will allow you to be reimbursed for fraudulent charges. Opt to pay with a card that offers this protection rather than other payment methods. “Legitimate ticket websites will ...
The regulator has taken its first legal action using the Better Online Ticket Sales (BOTS) Act meant to punish these scalping practices. The owners of Concert Specials, Just in Time Tickets and ...
Ticket resale is common in both sporting and musical events . Ticket resale is a form of arbitrage that arises when the number demanded at the sale price exceeds the number supplied (that is, when event organizers charge less than the equilibrium prices for the tickets). During the 19th century, the term scalper was applied to railroad ticket ...
The Better Online Ticket Sales Act of 2016 ( Pub.L. 114-274, S.3183, commonly referred to as the BOTS Act) was signed into federal law by President Barack Obama on December 14, 2016. [1] This act was created to thwart attempts by individuals and organization to automate the process of purchasing tickets en masse using ticket bots.
One 2018 report from the Government Accountability Office estimated those fees boosted ticket prices by an average of 27%. ... Tickets to hot concerts, such as the Taylor Swift's Eras Tour or ...
Concert fans and politicians for years have been calling for a re-examination of Live Nation's purchase of Ticketmaster in 2010, especially after the ticket seller in 2022 botched sales to Taylor ...
Number of employees. 6,678. Parent. Live Nation Entertainment (2010–present) Website. ticketmaster.com. Ticketmaster Entertainment, LLC is an American ticket sales and distribution company based in Beverly Hills, California with operations in many countries around the world. In 2010, it merged with Live Nation under the name Live Nation ...
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