Quick Answer: How Much Money Does TicketMaster Make?

Can I avoid Ticketmaster fees?

Sometimes, if you can drive to the actual venue and purchase the tickets there instead of online, you can avoid the “convenience” fees.

You can often avoid these by purchasing directly through the artist, especially in pre sales.

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Is StubHub owned by Ticketmaster?

The website had more than 240 million unique visitors last year and sold tickets valued at more than $4.75 billion. EBay has owned StubHub since 2007, when it bought the business from Messrs. Baker and Fluhr for $310 million. … Ticketmaster, the largest ticket seller, has been expanding its resale business, too.

What if StubHub tickets are fake?

If you ever get to an event and the ticket you purchased via StubHub is invalid or fake, don’t leave or buy a last minute ticket without calling StubHub first. Their customer service number is 866–788–2482. … In any case where a seller fails to provide valid tickets, we hold them 100% liable.”

How much does Ticketmaster make per ticket?

For instance, if you want to buy a ticket worth $100, you will pay $110, while the seller will get $85. TicketMaster has more sophisticated fees. On average, they range around 15%.

Why are Ticketmaster fees so high?

Ticket prices are usually determined by the venue and performer so if the performer is popular and demand is high, then ticket price is expensive. Ticketmaster and all resale sites charge so called Service Fee which is going to be their revenue.

Which is better StubHub or Ticketmaster?

Stubhub has the most inventory of any reseller, but it doesn’t always have the best deals because of its fees. Ticketmaster tends to have a great selection but it also has lots of hidden fees and generally non-transparent pricing. The Ticket Exchange is a peer to peer marketplace for select sports teams.

What the most expensive concert ticket?

The 10 Most Expensive Concert Tickets Being Sold TodayThe Rolling Stones – $624. This band tops our list.One Direction – $420. … Maroon 5 – $364. … Eagles – $354. … Justin Timberlake – $339. … Roger Waters – $314. … Beyonce – $282. … Fleetwood Mac – $282. … More items…

How does Ticketmaster make its money?

In those cases, Ticketmaster may earn a profit on the order processing fee. In both cases, these fees are collected by Ticketmaster and typically shared with our clients. Delivery options are determined by our clients and can vary from event to event.

What percentage does Ticketmaster take?

On each completed transaction, the buyer pays a 10% fee, and sellers are charged a 15% fee. For example, on the sale of a $100 ticket, the buyer would pay $110. The seller would net $85. Chumi is an innovative ticketing platform and an all-in-one event platform for events from small to large scales.

Who does Ticketmaster own?

Live Nation EntertainmentTicketmaster/Parent organizations

What is Ticketmaster net worth?

Details. more than 500 million ticket transactions each year through various platforms, including their app and website. Ticketmaster was founded in 1976 and went public in 1996 with a market value of $2.8 billion.

Who are Ticketmaster competitors?

Ticketmaster competitors include Live Nation Entertainment, Eventbrite, Front Gate Tickets, StubHub and Ticketfly.

How many tickets does Ticketmaster sell per year?

Through official partnerships with thousands of venues, artists, sports teams, festivals, performing arts centers and theaters, Ticketmaster processes more than half a billion tickets per year across 32 different countries.

How much money did Ticketmaster make in 2019?

Adjusted Operating Income up 13% Year-to-Date to $862 Million. 92 Million Concert Tickets Sold for 2019 Shows, up 5 Million through mid-October. Sponsorship & Advertising Committed Net Revenue up 14% Year-to-Date. Ticketmaster Fee-Bearing Gross Transaction Value up 5% in the Quarter, Highest Q3 Ever.

Can you trust verified resale tickets on Ticketmaster?

Because safe and secure matters But with Ticketmaster, tickets transferred or resold to you are 100% Verified and reissued to you, so they can’t be counterfeited.

Can you get scammed on Ticketmaster?

While sometimes, when looking for tickets that were sold out, these sites can be helpful, Ticketmaster is directly scamming fans out of getting tickets entirely. … This also prevents real fans from getting tickets – they all immediately go to scalpers.

Who is the CEO of Ticketmaster?

Michael RapinoTicketmasterTypeSubsidiaryFoundersAlbert Leffler Peter Gadwa Jerry NelsonHeadquartersBeverly Hills, California , U.S.Area servedWorldwideKey peopleMichael Rapino (CEO) Jared Smith (President of Ticketmaster Global) Mark Yovich (President of Ticketmaster International) Amy Howe (President of Ticketmaster North America)8 more rows

Are tickets from StubHub reliable?

StubHub is a trustworthy site for locating hard-to-find tickets to events that are listed as sold out everywhere else. The company makes it exceptionally easy to search through available seats and to determine which tickets constitute the best deals.

Is Live Nation and Ticketmaster the same?

In 2010, Ticketmaster and Live Nation merged to create Live Nation Entertainment. Now you have more options than ever to enjoy live events, and things are only getting better. We’re making real changes and putting you first in everything we do.

How can I get Ticketmaster fees waived?

The best way to avoid Ticketmaster/Live Nation fees is to purchase directly from the venue box office.

Can you make money reselling tickets on Ticketmaster?

Reselling tickets on Ticketmaster is pretty easy and fast. … For example, if you buy tickets over the phone or through a third party, Ticketmaster won’t let you resell them. But in the case of those that can be resold, here’s how you’ll do it: Choose the tickets you want to sell.

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