TicketsNow

TicketsNow logo

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, which includes the top 10% of the published Inc. 5000 index of the fastest-growing privately held companies in the U.S. TicketsNow is a founding member of the National Association of Ticket Brokers (NATB), which promotes ethics in the secondary ticketing marketplace.[1][2]

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, Vivid Seats.

History

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

2009 Controversy

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

In 2009, suspicion arose when consumers attempting to purchase tickets to a Bruce Springsteen concert were instantly redirected from Ticketmaster.com to TicketsNow and saw the same tickets being sold at premium prices. As a ticket broker owned by Ticketmaster, rumors abounded that Ticketmaster conspired to divert buyers away from the main site at normal prices towards the broker site at inflated prices.[3]

Ticketmaster claims it was a glitch.

See also

References

  1. ↑ "2004 Inc. 5000 List". Inc. inc.com. Retrieved 10 October 2014.
  2. ↑ "2006 Inc. 5000 List". Inc.com. Inc. Retrieved 10 October 2014.
  3. ↑ http://www.newswire.ca/en/releases/archive/February2009/23/c3133.html
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