Ticketmaster

Beginner 💼 Corporate / Business

Definition

The largest ticket sales and distribution company in North America, operating as a monopolistic platform that sells tickets for concerts, sports events, theater, and other live entertainment through its website and authorized retailers.

Example Usage

I tried to buy tickets through Ticketmaster but all the good seats were gone within minutes.

Origin

Founded in 1976 and acquired by Live Nation Entertainment in 2010, becoming the dominant player in ticket sales.

Fun Fact

Ticketmaster has faced ongoing criticism and antitrust scrutiny for its high service fees and alleged monopolistic practices in the ticketing industry.

Source: Definition backfill (hailey)

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