Ticketmaster

1. What was Live Nation? What was Ticketmaster? (Include information business dealings, history and CEOs.) Live Nation was the largest concert promoter in the United States whose CEO was Michael Rapino. It was a spinoff of Clear Channel Communications in 2005. The House of Blues locations came under Live Nation ownership in 2006. This greatly increased the number of its venues. Some statistics about Live Nation from before the merger include it owning 75 domestic venues and 42 international venues

8/10/2009, Vol. 85 Issue 24, p34-43, 8p, 1 Color Photograph Article *TICKETS *PERFORMING arts -- Ticket prices *CONCERTS Company/Entity: People: Abstract: LIVE Nation Worldwide Inc. TICKETMASTER Entertainment Inc. SPRINGSTEEN, Bruce The article discusses concert ticket sales in the U.S. The efforts of Live Nation and Ticketmaster Entertainment to sell concert tickets is discusses as is the decrease in album sales. Musician Bruce Springsteen's "Working on a Dream Tour" is discussed, particularly the decision

Discussion Question 7.2 Describe a firm you think has been highly innovative. Which of the four types of innovation—radical, incremental, disruptive, or architectural—did it use? Did the firm use different types over time? Chipotle is the leader in the fast casual market, with over 1,900 locations, $3.21 billion in annual revenue, and the ability to serve up to 300 customers an hour. It has innovated the restaurant market by providing reasonably priced scratch-made meals, containing local ingredients

Overview Live Nation Entertainment is the globally leading live entertainment company. Although they are known for their heavy involvement in the music industry, Live Nation promotes all forms of art worldwide. In 2005, Live Nation merged with Ticketmaster to create Live Nation Entertainment. Company Employees Michael Rapino President and Chief Executive Officer John Hopmans Executive Vice President - Mergers and Acquisitions and Strategic Finance Joe Berchtold Chief Operating Officer Kathy Willard

#1) How did Ticketmaster’s move toward greater transparency help its standing with customers? In what ways might transparency be potentially detrimental? When Nathan Hubbard, the CEO of Ticketmaster took over the company, he immediately noticed that there was a negative press regarding Ticketmaster and how the company was conducting business. Mr. Hubbard noticed that the main problem with the company was that the customers as well as the artists were unhappy. Mr. Hubbard directed his main focus

What is ScoreBig? ScoreBig.com is the online ticketing master that offers tickets for professional and college live games, concert events, and theater shows. ScoreBig.com has been featured on popular media channels such as CNBC, Wall Street Journal, TechCrunch, Forbes, and Los Angeles Times as the best online ticket shop that helps customers save up to 60% on tickets every day. The company was created with the aim of helping sports enthusiasts and fans save money when they buy tickets to their favorite

Introduction and Case Background Company Background Founded in 1976 and headquartered in West Hollywood, California, Ticketmaster is the world’s number one live entertainment ticketing and marketing company. Ticketmaster operates in over twenty markets worldwide, serving more than 9,000 clients across multiple event categories. It provides exclusive ticketing services for leading arenas, stadiums, professional sports franchises and leagues, college sports teams, performing arts venues, museums

complaint, the service charges that Ticketmaster adds to tickets are excessive and increases the ticket cost for their teenaged fans. Moreover, Ticket master had secured exclusive contracts with most of the promoters and venue owners and hence, it was difficult for the band to use the alternative methods of ticketing. ANALYSIS: The lawsuit initiated by the rock band Pearl Jam against Ticketmaster was based on the antitrust law violations asserting that Ticketmaster has a “virtually absolute monopoly

fact that Ticketmaster lacks the ability to innovate. Thus, smaller organizations believe they have a strong chance and being a competitor. No smaller companies have been able to target Ticketmaster’s weaknesses because although it may be a downfall it is also an advantage. Ticketmaster’s technology is old and outdated, however, it is extremely solid. While other companies attempt to make a larger, more productive website, it fails causing customers to be frustrated, returning to Ticketmaster. When Ticketmaster

violation case against Ticketmaster. The band advocated low priced tickets for its concerts and insisted Ticketmaster to lower their service charges, thereby bringing down the ticket cost for its fans. ISSUE: As indicated from the case, Pearl Jam filed a complaint alleging that Ticket Master was intending to monopolize the ticket service industry, using its market dominance and power to charge exorbitant service charges. According to the complaint, the service charges that Ticketmaster added to the tickets