Tag: StubHub

INTIX Quarterly: Big Deals

TICKET TAKEOVER: Viagogo Entertainment is buying StubHub from eBay. (Getty Images) New developments hold the potential to greatly alter the ticketing business Live event ticketing saw more than its fair share of potentially game-changing news in the waning weeks of 2019 — a Dec. 13 report in The Wall Street Journal that the U.S. Department of Justice was preparing to bring enforcement action against Live Nation Entertainment Inc. over the company’s handling of its Ticketmaster subsidiary and the news less than a week later that a settlement had been reached with the extension through 2025 of a consent decree that allowed the companies to merge being just the latest. The late November announcement that Switzerland-based Viagogo Entertainment Inc. is moving to acquire StubHub from eBay for upwards of $4 billion is another major development if the deal gets federal approval. The merged company would create an international ticketing behemoth with Viagogo […]

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