Acquisition Offers Fans Greater Access to Premium Tickets and Experiences
WEST HOLLYWOOD, Calif., May 1 /PRNewswire/ -- Ticketmaster, the world's
leading live entertainment ticketing and marketing company, today announced
it has acquired the assets of SLO Limited, Inc., a leading provider of VIP
ticketing services to major touring artists and special events. The
acquisition strengthens Ticketmaster's services to the touring community
and enhances Ticketmaster's ability to offer fans access to unique
concert-going experiences.
SLO's services include concierge delivery of premium seats on behalf of
its touring and event clients, creation and fulfillment of unique consumer
ticket packages, production and hosting of on-site fan experiences, and
concert travel packaging for fans. Ticketmaster will integrate its advanced
ticketing products into SLO's operations to enable SLO to provide even
greater service to its clients. In addition, Ticketmaster will expand SLO's
fan- focused offerings, which will provide Ticketmaster consumers greater
choice when buying tickets.
"I am thrilled that, by joining forces with Ticketmaster, we will be
able to offer VIP ticketing services and special access opportunities to
greater numbers of passionate music fans," said Shelley Lazar, CEO of SLO
Limited. "We are going to utilize our deep ties and long history in the
concert industry to deliver concert-going experiences that surpass all fan
expectations."
"Artists today are searching for more and better opportunities to
interact directly with their most passionate fans," said David Goldberg,
Ticketmaster EVP Music Services. "Bringing SLO into the Ticketmaster family
will allow Ticketmaster to provide fans with more opportunities to engage
with their favorite artists and more access to the premium seats that
historically have not always been made available to the general public."
Ms. Lazar has worked in the music and concert industries for over 30
years, heading backstage management, ticketing and credentials for world
concert tours by the Rolling Stones, Paul McCartney, The Police, Barbra
Streisand, The Who, Bob Dylan, Simon & Garfunkel, Josh Groban, Bette
Midler, Coldplay, and many others. SLO is currently providing VIP ticketing
services for artists and events including The Papal Mass at Yankee Stadium,
Celine Dion, Billy Joel, George Michael, Dolly Parton, Robert Plant and
Allison Krauss, Linkin Park, Rod Stewart, the MTV Video Music Awards and
the Summer X- Games.
Terms of the deal were not disclosed.
About Ticketmaster
As the world's leading live entertainment ticketing and marketing
company, Ticketmaster connects the world to live entertainment.
Ticketmaster operates in 20 global markets, providing ticket sales, ticket
resale services, marketing and distribution through
http://www.ticketmaster.com, one of the largest e-commerce sites on the
Internet; approximately 6,700 retail outlets; and 24 worldwide call
centers. Established in 1976, Ticketmaster serves more than 9,000 clients
worldwide across multiple event categories, providing exclusive ticketing
services for leading arenas, stadiums, professional sports franchises and
leagues, college sports teams, performing arts venues, museums, and
theaters. In 2007, the company sold more than 142 million tickets valued at
over $8.3 billion on behalf of its clients. Ticketmaster is headquartered
in West Hollywood, California and is an operating business of IAC (Nasdaq:
IACI).
SOURCE Ticketmaster
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