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The short answer is yes — if you profited more than $400 from the sale. The $400 threshold is the federal filing threshold for self-employed income regardless of your IRS tax bracket. The ...
In a TODAY exclusive on June 6, online ticket marketplace StubHub revealed its most in-demand artists for the summer of 2024 as concert season gets in full swing.
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 ...
If they set the price too high the tickets won't sell — for example, tickets for Adele's Las Vegas shows sold for an average price of $1,900, compared with the average listed price of $4,800 ...
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 ...
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 ...
Vivid Seats is a middleman between ticket buyers and sellers, taking a 10% commission once tickets have sold and additionally charging buyers service fees (circa 20–40%) and shipping charges. Partnerships. In February 2017, ESPN made Vivid Seats its official ticket provider, replacing StubHub.
That much is clear. According to estimates from Morgan Stanley, concerts and box office films added roughly $8.5 billion to the U.S. economy last summer alone, thanks in large part to record ...
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