Live Nation vs StubHub: Different Companies Face Similar Risks
Live Nation vs StubHub: over the past few weeks these two companies- arguably the most recognizable names in ticketing – have both made headlines. But despite facing similar headwinds, their stock market trajectories show the contrast between established dominance and a would be disrupter’s rocky debut.
Investors bet $800M on rocky StubHub IPO as regulators close in
UPDATED: The long awaited StubHub IPO hit the market today, marking a defining moment for the secondary ticketing industry. Priced at $23.50 per share, the offering raised nearly $800 million and gave the company a valuation of about $8.6 billion. By day’s end shares were down 6.4% below the IPO price.
Ticketmaster launches all in pricing, other changes in U.S.
Ticketmaster launches all in pricing in the U.S. All ticketing, facility and other fees expect taxes will now be displayed upfront when the consumer sees the initial ticket price. Ticketmaster. Continue reading
Judges call Live Nation arbitration ‘Crazy,’ ‘Nuts’ & ‘Unconscionable’
A California District Court removed a ticket buyer class claim from arbitration because the fine print that accompanied each ticket purchase was “drafting malpractice,” “cockamamie,” and “just nuts,” according to. Continue reading
