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Personal seat license. A personal seat license, or PSL, is a paid license that entitles the holder to the right to buy season tickets for a certain seat in a stadium. This holder can sell the seat license to someone else if they no longer wish to purchase season tickets. [1] However, if the seat license holder chooses not to sell the seat ...
Critics of the industry compare the resale of tickets online to "ticket touting," "scalping," or a variety of other terms for the unofficial sale of tickets directly outside the venue of an event. The late 1990s and early 2000s saw the emergence of online ticket brokering as a lucrative business.
StubHub was founded in March 2000 as a class project [7] by Eric Baker and Jeff Fluhr, both former Stanford Business School students and investment bankers. [8] One of its first major sports deals was with the Seattle Mariners in 2001. [9] In 2002, eBay was in talks to acquire StubHub for US$20 million, although the agreement had later "fallen ...
Ticket exchange. A ticket exchange, also known as a secondary ticket outlet, is a market where tickets are bought and sold. Ticket exchanges allow people to buy and sell tickets online. Typically, ticket exchanges are used by individuals wanting to buy or resell tickets from other individuals rather than from the event the ticket is for.
Primary ticket outlet. A primary ticket outlet is an organization that contracts directly with venues and promoters to sell event tickets on its behalf. [1] Primary ticket outlets have a direct relationship with the owner of a venue or event. They will often use software to manage the sale of tickets for their clients.
Users on X, formerly Twitter, also reported the price for tickets nearly doubling from around £148 to around £355 on Ticketmaster after they waited for hours to secure their place at the Oasis ...
Viagogo was founded in 2006 in London as a secondary ticketing marketplace by Eric Baker, the co-founder of US-based StubHub. [5] [12] With sections established to provide an online marketplace for sports, music, theatre and comedy tickets, the company's launch included official partnerships with Chelsea FC and Manchester United FC, [5] with the sports clubs sharing in the commission revenue ...
Revenue. $1.5 billion. Number of employees. 500 (2018) [3] Website. www.vividseats.com. Vivid Seats Inc. (stylized as vıvıdseats) is an American ticket exchange and resale company. [4] The company went public on October 19, 2021, after a merger earlier in that year with Horizon Acquisition Corporation, a SPAC.
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