More Competition for Ticketmaster? Dare I Dream?

Tickets.com, the primary competitor to Ticketmaster's monopoly, has been acquired by MLB Advanced Media, the Internet arm of Major League Baseball that is jointly owned by all thirty teams. This is good news for the company, which has faced significant financial difficulties in the past few years. Although Tickets.com will not interfere with the twelve teams that have agreements with Ticketmaster, I would not be surprised if those teams make the switch to Tickets.com when the current contracts lapse. Perhaps this will give the online ticket seller some leverage to make inroads into other areas, and we can all stop paying $9 service charges and $5 convenience fees.

Posted in: