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As of 2019, StubHub charged fees to both the buyer and the seller in a transaction, with fees only being shown in their entirety near the end of transactions. StubHub has defended this practice of "all-in" pricing from critics as the industry standard. [66]
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 ...
A ticket scalper selling tickets for a Penn State football game Ticket scalpers (or ticket touts in British English ) work outside events, often showing up with unsold tickets from brokers' offices on a consignment basis or showing up without tickets and buying extra tickets from fans at or below face value on a speculative basis hoping to ...
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 ...
Since StubHub adopted this pricing model in 2015, the company has sold almost 5 million tickets to Washington, DC, consumers alone, generating $118 million in “hidden” fee revenue, according ...
The idea was so promising that in March 2000 they co-founded StubHub and then Fluhr dropped out of Stanford after his first year. [3] [1] They sought out investors in the music and sports industries and, by August 2000, had raised $600,000 of seed capital for the new company. [5] In 2003, StubHub started running advertisements on Google.
Vivid Seats is a middleman between ticket buyers and sellers, taking a 10% commission once tickets have sold [16] and additionally charging buyers service fees (circa 20–40% [17]) and shipping charges.
The attorney general for Washington, D.C., sued StubHub on Wednesday, accusing the ticket resale platform of advertising deceptively low prices and then ramping up prices with extra fees.