TicketsNow

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

TicketsNow
Subsidiary
IndustryOnline ticketing
Founded1999 (1999)
Headquarters
Rolling Meadows, Illinois
,
U.S
OwnerLive Nation Entertainment
ParentTicketmaster Entertainment
Websitewww.ticketsnow.com/ 

History

TicketsNow was named in 2004 and 2006 to the Inc. 500, which includes the top 10% of the published Inc. 5000 index of the fastest-growing privately held companies in the U.S. TicketsNow is a founding member of the National Association of Ticket Brokers (NATB), which promotes ethics in the secondary ticketing marketplace.[1][2]

In February 2008, TicketsNow was acquired by Ticketmaster for $265 million and currently operates as a wholly owned, independently-operated subsidiary.[3]

TicketsNow has a few major competitors. These competitors include Stubhub, TicketNetwork, Seatgeek, Vivid Seats.

2009 Controversy
Further information: Ticketmaster ยง Prominent lawsuits

In 2009, suspicion arose when consumers attempting to purchase tickets to a Bruce Springsteen concert were instantly redirected from Ticketmaster.com to TicketsNow and saw the same tickets being sold at premium prices. As a ticket broker owned by Ticketmaster, rumors abounded that Ticketmaster conspired to divert buyers away from the main site at normal prices towards the broker site at inflated prices.[4] Springsteen and the E Street Band referred to the controversy as "a pure conflict of interest".[5]

gollark: That might not actually be enjoyable. You would probably want to optimize them for long-term human satisfaction somehow, which is hard.
gollark: ... citation needed?
gollark: I mean, it makes sens from an internal consistency perspective, but no.
gollark: "If you want to murder people, do; if you don't, don't" doesn't make sense.
gollark: Well, we disallow murder and stuff because of consensuses that they're bad.

See also

References
  1. "2004 Inc. 5000 List". Inc. inc.com. Retrieved 10 October 2014.
  2. "2006 Inc. 5000 List". Inc.com. Inc. Retrieved 10 October 2014.
  3. "TicketMaster Buys Online Scalper TicketsNow For $265 Million". techcrunch. 15 January 2008. Retrieved 1 August 2020.
  4. http://www.newswire.ca/en/releases/archive/February2009/23/c3133.html
  5. Knapton, Sarah (Feb 5, 2009). "Bruce Springsteen 'furious' at Ticketmaster". Telegraph. Telegraph. Retrieved Aug 24, 2018.
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