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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 ...
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 ...
Online ticket brokering is the resale of tickets through a web-based ticket brokering service. Prices on ticket brokering websites are determined by demand, availability, and the ticket reseller. Tickets sold through an online ticket brokering service may or may not be authorized by the official seller. Generally, the majority of trading on ...
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.
Ticketmaster still has 170,000 Taylor Swift Eras Tour tickets after its canceled general sale for the tour. Here's how it plans to handle selling them. Ticketmaster still has 170,000 Taylor Swift ...
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 ...
U.S. ticketing giant Ticketmaster has cut a deal with activities tech vendor Redeam to distribute live event tickets to travel resellers. “We’re actively working with initial data clients to ...
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 ...