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Viagogo was founded in 2006 in London as a secondary ticketing marketplace by Eric Baker, the co-founder of US-based StubHub. [5] [12] With sections established to provide an online marketplace for sports, music, theatre and comedy tickets, the company's launch included official partnerships with Chelsea FC and Manchester United FC, [5] with the sports clubs sharing in the commission revenue ...
Each transaction involving the ticket is likewise recorded publicly. Monari and Vey stated in their white paper that the protocol is a tool to combat counterfeit tickets, uncontrolled resale, and opaque pricing. [5] The Aventus Protocol was used for some of the tickets sold for the 2018 FIFA World Cup in Russia. [1] [2] [6]
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).
Did you sell any concert or event tickets on an online resale site such as StubHub or Ticketmaster in 2023? Many Americans did -- StubHub reports that 83% of ticket sellers for U.S. concerts on ...
Tickets for Game 3 of the NLCS game between the Diamondbacks and Phillies at Chase Field will cost fans about $15. Here's what to know. DBacks ticket prices drop on resale sites.
As of 2016, ticket resale was Ticketmaster's fastest growing business. [48] 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. [49]