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TicketsNow

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TicketsNow


TicketsNow, established in 1999 and based in Rolling Meadows, Illinois, is a marketplace for event tickets.

TicketsNow was named in 2004 and 2006 to the Inc. 500 Index of the fastest-growing privately held companies in the U.S. and is a founding member of the National Association of Ticket Brokers (NATB), which promotes ethics in the secondary ticketing marketplace.

In February 2008, TicketsNow was acquired by Ticketmaster for $265 million and currently operates as a wholly owned, independently operated subsidiary.

TicketsNow has a few major competitors. These competitors include Stubhub, TicketNetwork, Seatgeek and Coast to coast tickets.

History

Mike Domek founded VIP Tour Company in 1992 in Woodstock, IL.

2009 Controversy

In 2009, Suspicion arose when attempted consumers of tickets to a concert by Bruce Springsteen were instantly redirected from Ticketmaster's own site to TicketsNow, only to see the same tickets being sold at premium prices. As a ticket broker owned by Ticketmaster, rumors were abound that Ticketmaster conspired to divert buyers away from the main site at normal prices towards the broker site at inflated prices.[1]

Ticketmaster claims it was a glitch.

See also

References


  • Ticketmaster CEO amenable to sale of TicketsNow, Reuters 26 Feb 2009
  • Can the Net make ticket scalping legit?, CNET 05 June 2006
  • Ticketmaster subpoenaed over reselling, Globe & Mail 3 Apr 2009

External links

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