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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. [ 1 ] [ 2 ] 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.
This means that if you sold concert tickets for less than $20,000 and received the money in 2023, you shouldn’t get a 1099-K. What if You Sold Tickets in 2023 but Got Paid in 2024?
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 ...
Ticketmaster and Live Nation has faced backlash for their dynamic pricing system and "platinum" tickets when tickets for Bruce Springsteen's and Blink-182's 2023 tours went on sale in July and October 2022 respectively, which saw fans of both acts criticize prices for random seats across the venue going for hundreds or thousands of dollars ...
African-American business owner and activist Arthur Scott of Boston's Dorchester neighborhood obtained a 10-year lease on the venue and became its general manager. [ 1 ] [ 2 ] Scott undertook a $125,000 ($940,427 in 2023) refurbishment, pledging to "present only top-flight entertainers". [ 1 ]
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