TicketsNow

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TicketsNow, established in 1999 and based in Rolling Meadows, Illinois, is a marketplace for event tickets.

TicketsNow was named in 2004 and 2006 to the Inc. 500 Index of the fastest-growing privately held companies in the U.S. and is a founding member of the National Association of Ticket Brokers (NATB), which promotes ethics in the secondary ticketing marketplace.[citation needed]

In February 2008, TicketsNow was acquired by Ticketmaster for $265 million and currently operates as a wholly owned, independently operated subsidiary.

TicketsNow has a few major competitors. These competitors include Stubhub, TicketNetwork, Seatgeek and Coast to coast tickets.

History[edit]

Mike Domek founded VIP Tour Company in 1992 in Woodstock, IL.

2009 Controversy[edit]

For more details on this topic, see Ticketmaster § Prominent lawsuits.

In 2009, Suspicion arose when attempted consumers of tickets to a concert by Bruce Springsteen were instantly redirected from Ticketmaster's own site to TicketsNow, only to see the same tickets being sold at premium prices. As a ticket broker owned by Ticketmaster, rumors were abound that Ticketmaster conspired to divert buyers away from the main site at normal prices towards the broker site at inflated prices.[1]

Ticketmaster claims it was a glitch.[citation needed]

See also[edit]

References[edit]

  1. ^ http://www.newswire.ca/en/releases/archive/February2009/23/c3133.html

External links[edit]