Online Ticket Brokering
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 ticket brokering websites concerns itself with tickets to live entertainment events whereby the primary officially licensed seller's supply has been exhausted and the event has been declared "sold-out". This "sold-out" status increases the ticket's potential market value. Critics of the industry compare the resale of tickets online to ‘ticket touting’, ‘scalping’ or a variety of other terms for the unofficial sale of tickets directly outside the venue of an event. The late 1990s and early 2000s saw the emergence of online ticket brokering as a lucrative business. Corporate ticket reselling firm Ticketmaster developed a strong online pres ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ticket Resale
Ticket resale (also known as ticket scalping or ticket touting when done for profit) is the act of reselling ticket (admission), tickets for admission to events. Tickets are bought from licensed sellers and then sold for a price determined by the individual or company in possession of the tickets. Tickets sold through secondary sources may be sold for less or more than their face value depending on demand, which tends to vary as the event date approaches. When the supply of tickets for a given event available through authorized ticket sellers is depleted, the event is considered "sold out," generally increasing the market value for any tickets on offer through secondary sellers. Ticket resale is common in both spectator sport, sporting and concert, 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 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Website
A website (also written as a web site) is any web page whose content is identified by a common domain name and is published on at least one web server. Websites are typically dedicated to a particular topic or purpose, such as news, education, commerce, entertainment, or social media. Hyperlinking between web pages guides the navigation of the site, which often starts with a home page. The most-visited sites are Google, YouTube, and Facebook. All publicly-accessible websites collectively constitute the World Wide Web. There are also private websites that can only be accessed on a private network, such as a company's internal website for its employees. Users can access websites on a range of devices, including desktops, laptops, tablets, and smartphones. The app used on these devices is called a web browser. Background The World Wide Web (WWW) was created in 1989 by the British CERN computer scientist Tim Berners-Lee. On 30 April 1993, CERN announced that the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ticketmaster
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 Entertainment. The company's ticket sales are fulfilled digitally or at its two main fulfillment centers located in Charleston, West Virginia, and Pharr, Texas, for both primary and secondary markets. Ticketmaster's clients include venues, artists and promoters. Clients control their events and set ticket prices, and Ticketmaster sells tickets that the clients make available to them. Ticketmaster also owns and operates TicketWeb, a ticketing website geared towards independent venues. Ticketmaster is subject to numerous controversies and lawsuits, alleging violations of various laws. The platform charges a fee on tickets purchased and resold on the platform. The fees from ticket sales can account for a large percentage of overall ticket co ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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StubHub
StubHub is an American ticket exchange and resale company. It provides services for buyers and sellers of tickets for sports, concerts, theater, and other live entertainment events. By 2015, it was the world's largest ticket marketplace. While the company does not currently disclose its financials, in 2015 it had over 16 million unique visitors and nearly 10 million live events per month. StubHub was founded in 2000 by Eric Baker and Jeff Fluhr. The company was acquired by eBay for $310 million in 2007, and again acquired in 2020 by Viagogo. History 2000–2007 StubHub was founded in March 2000 as a class project by Eric Baker and Jeff Fluhr, both former Stanford Business School students and investment bankers. One of its first major sports deals was with the Seattle Mariners in 2001. In 2002, eBay was in talks to acquire StubHub for US$20 million, although the agreement had later "fallen apart over price." While StubHub initially intended to "build a ticket transaction s ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Major League Baseball
Major League Baseball (MLB) is a professional baseball league composed of 30 teams, divided equally between the National League (baseball), National League (NL) and the American League (AL), with 29 in the United States and 1 in Canada. MLB is one of the major professional sports leagues in the United States and Canada and is considered the premier professional baseball league in the world. Each team plays 162 games per season, with Opening Day traditionally held during the first week of April. Six teams in each league then advance to a four-round Major League Baseball postseason, postseason tournament in October, culminating in the World Series, a best-of-seven championship series between the two league champions first played in 1903. MLB is headquartered in Midtown Manhattan. Formed in 1876 and 1901, respectively, the NL and AL cemented their cooperation with the National Agreement in 1903, making MLB the oldest major professional sports league in the world. They remained le ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Viagogo
Viagogo, stylized by the company as viagogo, is a multinational ticket exchange and ticket resale brand. It is registered in the United States (Delaware) and has been owned by StubHub since 2021.McCormick, Bret (28 February 2022),Dealmaking, the full return of live events, and league and team business up for grabs are positioning sports ticketing for years of growth, ''Sports Business Journal'' It was founded in London in 2006 by Eric Baker as an amateur online marketplace for consumers to buy and re-sell tickets to sports, music, theatre and comedy events.The controversial business model of the company has always been in the headlines. The company has failed to pay the sellers and deliver tickets to the buyer in uncountable instances. Viagogo is backed by investors such as Index Ventures, Brent Hoberman, Jacob Rothschild, and Bessemer Venture Partners. In February 2020 the company purchased StubHub for $4 billion with the merging process finalized in 2022. The company has ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Internet Fraud
Internet fraud is a type of cybercrime fraud or deception which makes use of the Internet and could involve hiding of information or providing incorrect information for the purpose of tricking victims out of money, property, and inheritance. Internet fraud is not considered a single, distinctive crime but covers a range of illegal and illicit actions that are committed in cyberspace. It is differentiated from theft since, in this case, the victim voluntarily and knowingly provides the information, money or property to the perpetrator. It is also distinguished by the way it involves temporally and spatially separated offenders. The most common cybercrimes involving the internet fraud increasingly entail the Social engineering (security), social engineering, phishing, Cryptocurrency and crime, cryptocurrency frauds, romance scams including the pig butchering scam, etc In the FBI's 2017 Internet Crime Report, the Internet Crime Complaint Center (IC3) received about 300,000 complaints. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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2008 Summer Olympics
The 2008 Summer Olympics (), officially the Games of the XXIX Olympiad () and officially branded as Beijing 2008 (), were an international multisport event held from 8 to 24 August 2008, in Beijing, China. A total of 10,942 athletes from 204 National Olympic Committees (NOCs) competed in 28 sports and 302 events, one event more than those scheduled for the 2004 Summer Olympics. This was the first time China had hosted the Olympic Games, and the third time the Summer Olympic Games had been held in East Asia, following the 1964 Summer Olympics, 1964 Olympics in Tokyo, Japan, and the 1988 Summer Olympics, 1988 Olympics in Seoul, South Korea. These were also the second Summer Olympic Games to be held in a communist state, the first being the 1980 Summer Olympics in the Soviet Union (with venues in Russian Soviet Federative Socialist Republic, Russia, Ukrainian Soviet Socialist Republic, Ukraine, Byelorussian Soviet Socialist Republic, Byelorussia, and Estonian Soviet Socialis ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sydney Morning Herald
''The Sydney Morning Herald'' (''SMH'') is a daily tabloid newspaper published in Sydney, Australia, and owned by Nine Entertainment. Founded in 1831 as the ''Sydney Herald'', the ''Herald'' is the oldest continuously published newspaper in Australia and claims to be the most widely read masthead in the country. It is considered a newspaper of record for Australia. The newspaper is published in compact print form from Monday to Saturday as ''The Sydney Morning Herald'' and on Sunday as its sister newspaper, '' The Sun-Herald'' and digitally as an online site and app, seven days a week. The print edition of ''The Sydney Morning Herald'' is available for purchase from many retail outlets throughout the Sydney metropolitan area, most parts of regional New South Wales, the Australian Capital Territory and South East Queensland. Overview ''The Sydney Morning Herald'' publishes a variety of supplements, including the magazines ''Good Weekend'' (included in the Saturday editi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ticket Summit
Ticket or tickets may refer to: Slips of paper * Lottery ticket * Parking ticket, a ticket confirming that the parking fee was paid (and the time of the parking start) * Toll ticket, a slip of paper used to indicate where vehicles entered a toll road to charge based on an established rate when they exit * Traffic ticket, a notice issued by a law enforcement official accusing violation of traffic laws Admission * Ticket (admission) (entrance ticket), a card or slip of paper used to gain admission to a location or event * Electronic ticket, an electronic form of a transport ticket, entrance ticket etc. Transport * Airline ticket, a document created by an airline or a travel agent to confirm that an individual has purchased a seat on an airplane * Train ticket, a document issued by a railway operator that enables the bearer to travel by train Entertainment * ''Ticket'' (1985 film), a film produced by Im Kwon Taek * Ticket (2017 film), a comedy drama film * ''Tickets'' (film), ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Retailers By Type Of Merchandise Sold
Retail is the sale of goods and Service (economics), services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturing, manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a Profit (accounting), profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar store, bricks and mortar and Online shopping, online retailing. Digital technologies are also affecting the way that co ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Tickets
Ticket or tickets may refer to: Slips of paper * Lottery, Lottery ticket * Parking violation, Parking ticket, a ticket confirming that the parking fee was paid (and the time of the parking start) * Ticket system, Toll ticket, a slip of paper used to indicate where vehicles entered a toll road to charge based on an established rate when they exit * Traffic ticket, a notice issued by a law enforcement official accusing violation of traffic laws Admission * Ticket (admission) (entrance ticket), a card or slip of paper used to gain admission to a location or event * Electronic ticket, an electronic form of a transport ticket, entrance ticket etc. Transport * Airline ticket, a document created by an airline or a travel agent to confirm that an individual has purchased a seat on an airplane * Train ticket, a document issued by a railway operator that enables the bearer to travel by train Entertainment * Ticket (1985 film), ''Ticket'' (1985 film), a film produced by Im Kwon Taek * Ti ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |