NEW YORK and WEST HOLLYWOOD, Calif., Dec. 18 /PRNewswire/ -- Ticketmaster and the National Football League (NFL) today announced the creation of an NFL Ticket Exchange service that will provide fans looking to buy or sell NFL tickets a safe, convenient and league-endorsed resale platform. Through the groundbreaking multi-year agreement, Ticketmaster will operate the official league-wide exchange that will be accessible from both the Ticketmaster website, Ticketmaster.com, and the NFL website, NFL.com. As the official NFL online ticket exchange provider, Ticketmaster will offer fans a secure and reliable way to buy and resell tickets. The service, which is targeted to launch for the 2008 season, will serve fans unable to attend a game and wanting to sell their tickets as well as fans looking to buy or upgrade their seats. "We are pleased to partner with Ticketmaster, the world's leading ticketing company, to provide our fans this service," said Eric Grubman, the NFL's Executive Vice President and President of NFL Ventures. "The ticketing marketplace continues to evolve and sports fans demand more creative opportunities to experience our games. We will now be able to meet their expectations with our safe, consistent, and guaranteed service. The new partnership also will enable us to work with Ticketmaster to further develop fan-friendly ticketing programs and innovations." "Fans expect and deserve to be able to resell their tickets in a safe, convenient and legal way," said Eric Korman, Executive Vice President of Ticketmaster. "We are thrilled that the NFL has entrusted Ticketmaster as its partner to provide to NFL fans everywhere the best possible resale experience. This is a great win for fans, who benefit from the unparalleled security and efficiency of our technology, which will connect the league, the majority of NFL teams, and millions of NFL fans around the country." Ticketmaster already provides primary ticket services, including advance and onsite single game ticket sales, season ticketing and group ticketing for 31 NFL teams. Additionally, TicketExchange, Ticketmaster's fan resale ticketing platform, is currently used by 18 NFL teams, including the Arizona Cardinals, Buffalo Bills, Carolina Panthers, Dallas Cowboys, Denver Broncos, Detroit Lions, Kansas City Chiefs, Miami Dolphins, Minnesota Vikings, New England Patriots, New Orleans Saints, New York Giants, New York Jets, Oakland Raiders, Pittsburgh Steelers, San Francisco 49ers, St. Louis Rams and Tennessee Titans, with 4 other teams (the Indianapolis Colts, Jacksonville Jaguars, Philadelphia Eagles and San Diego Chargers) set to start using TicketExchange in 2008. About Ticketmaster Ticketmaster is the world's leading ticketing company, operating 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 6,500 retail outlets; and 20 worldwide call centers. Ticketmaster celebrated its 30th anniversary in 2006 and currently serves more than 9,000 clients worldwide across multiple event categories, providing exclusive ticketing services for hundreds of leading arenas, stadiums, performing arts venues, museums, and theaters. In 2006, the company sold more than 128 million tickets valued at over $7 billion on behalf of its clients. Ticketmaster is headquartered in West Hollywood, California and is an operating business of IAC (Nasdaq: IACI).
SOURCE Ticketmaster; NFL