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August 5, 2024 at 12:00 PM. Warner Bros., Roblox and Fandango have teamed up to launch a virtual box office for Tim Burton’s upcoming “Beetlejuice” sequel inside of the online gaming ...
Yes, the tax reporting requirements are the same, regardless of the platform used to sell concert or event tickets. The IRS's rules apply to all sales, not just those made on online platforms like ...
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.
As of 2016, ticket resale was Ticketmaster's fastest growing business. [47] In 2022, Ticketmaster was experimenting with a demand-based, dynamic pricing which would vary the ticket price based upon demand. The new system is touted to give artists a higher share of the revenues that would otherwise be coming through resale ticket sales. [48]
United States, et al. v. Live Nation Entertainment, Inc. and Ticketmaster Entertainment, LLC is an antitrust lawsuit brought by the U.S. Department of Justice (DOJ) and twenty-nine states and Washington, D.C., against entertainment company Live Nation Entertainment and its subsidiary Ticketmaster, following the Taylor Swift–Ticketmaster controversy in 2022.
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 ...
If you think you’ve been scammed when buying tickets, contact Ticketmaster or the resale site to request a refund or new tickets. “Contact Ticketmaster if you realize that your tickets have ...
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 ...