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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 attorney general for Washington, D.C., sued StubHub on Wednesday, accusing the ticket resale platform of advertising deceptively low prices and then ramping up prices with extra fees. The ...
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.
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 ...
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 ...
Here's how much the cheapest tickets are going for on resale websites for Ohio State's home game against Iowa Jan. 21. StubHub: $100. Seat Geek: $97. TicketMaster: $110.
But there’s still time to secure your spot. Glastonbury has confirmed the dates for its annual resale and there are two to mark in your diary. On Thursday 18 April at 6pm BST, the ticket and ...
CashorTrade. CashorTrade is a fan-to-fan face-value ticket-reselling market created in 2009 by brothers Brando and Dusty Rich based in Burlington, Vermont. [1] As of November 2017, the platform had users from 20 countries and had processed over half a million transactions. [2] The platform offers an optional gold membership which provides early ...