Ticketmaster Announces the Acquisition of Canadian-Based Towne Ticket Centre

Apr 19, 2001, 01:00 ET from Ticketmaster

    LOS ANGELES, April 19 /PRNewswire/ -- Ticketmaster (Nasdaq:   TMCS), the
 world's leading ticketing and access company, announced today that it has
 acquired Kelowna, British Columbia-based Towne Ticket Centre (TTC).  The
 acquisition will expand Ticketmaster's Canadian presence to include the eight
 additional ticket centres located throughout the Interior of British Columbia.
 The terms of the deal were not disclosed.
     Founded in 1984 and operating in Kelowna, Kamloops, and Prince George, TTC
 has been Ticketmaster's primary ticketing network in the Interior of British
 Columbia.  TTC utilizes Ticketmaster's ticketing system to sell more than
 200,000 tickets each year via telephone sales and TTC's various ticketing
 centres.
     "This agreement further expands our international footprint as we grow our
 businesses organically and through strategic acquisitions," said Edwin S.
 ("Trip") Friendly III, executive vice president and chief operating officer of
 Ticketmaster International.
     "Towne Ticket Centre has enjoyed a very long and successful relationship
 with Ticketmaster," said David Turner, president of Town Ticket Centre.  "This
 new agreement will leverage the considerable strengths of both businesses to
 offer our clients and consumers even greater benefit and service."
     Turner noted that direct benefits of the acquisition will include improved
 access for customers made possible by the consistent branding of Ticket
 Centres throughout British Columbia and through expanded phone access.
 "Having direct access to Ticketmaster's technology will allow us to make
 tickets for events in our markets easier to purchase," said Turner.
     "This was a unique opportunity for Ticketmaster to acquire a company who
 has built a very strong and profitable business," said Peter Jackson,
 executive vice president, Ticketmaster Canada.  "By combining our operations,
 Ticketmaster is now poised to capitalize on new efficiencies and maximize the
 potential of the growing Canadian ticketing business."
     David Turner will spearhead the TTC integration and has been appointed as
 a regional General Manager for Ticketmaster.
 
     About Ticketmaster
     Ticketmaster (Nasdaq:   TMCS) operates the world's leading ticketing
 service; selling 83 million tickets valued at more than 3.2 billion dollars,
 through approximately 3,500 retail Ticket Center outlets; 16 worldwide
 telephone call centers; and ticketmaster.com.  Ticketmaster serves more than
 6,200 clients worldwide and acts as the exclusive ticketing service for
 hundreds of leading arenas, stadiums, performing arts venues, and theaters.
 The Company also operates Citysearch (citysearch.com), a leading online local
 network enabling people to get the most out of their city, and Match.com, the
 premier online matchmaking service.  Located in Los Angeles, California,
 Ticketmaster is majority owned by USA Networks, Inc. (Nasdaq:   USAI) and is a
 division of its Information and Services unit.  Ticketmaster was formed
 through the combination of the operations of Ticketmaster Online-Citysearch
 and Ticketmaster Corporation in January 2001 and renamed Ticketmaster.
 
 

SOURCE Ticketmaster
    LOS ANGELES, April 19 /PRNewswire/ -- Ticketmaster (Nasdaq:   TMCS), the
 world's leading ticketing and access company, announced today that it has
 acquired Kelowna, British Columbia-based Towne Ticket Centre (TTC).  The
 acquisition will expand Ticketmaster's Canadian presence to include the eight
 additional ticket centres located throughout the Interior of British Columbia.
 The terms of the deal were not disclosed.
     Founded in 1984 and operating in Kelowna, Kamloops, and Prince George, TTC
 has been Ticketmaster's primary ticketing network in the Interior of British
 Columbia.  TTC utilizes Ticketmaster's ticketing system to sell more than
 200,000 tickets each year via telephone sales and TTC's various ticketing
 centres.
     "This agreement further expands our international footprint as we grow our
 businesses organically and through strategic acquisitions," said Edwin S.
 ("Trip") Friendly III, executive vice president and chief operating officer of
 Ticketmaster International.
     "Towne Ticket Centre has enjoyed a very long and successful relationship
 with Ticketmaster," said David Turner, president of Town Ticket Centre.  "This
 new agreement will leverage the considerable strengths of both businesses to
 offer our clients and consumers even greater benefit and service."
     Turner noted that direct benefits of the acquisition will include improved
 access for customers made possible by the consistent branding of Ticket
 Centres throughout British Columbia and through expanded phone access.
 "Having direct access to Ticketmaster's technology will allow us to make
 tickets for events in our markets easier to purchase," said Turner.
     "This was a unique opportunity for Ticketmaster to acquire a company who
 has built a very strong and profitable business," said Peter Jackson,
 executive vice president, Ticketmaster Canada.  "By combining our operations,
 Ticketmaster is now poised to capitalize on new efficiencies and maximize the
 potential of the growing Canadian ticketing business."
     David Turner will spearhead the TTC integration and has been appointed as
 a regional General Manager for Ticketmaster.
 
     About Ticketmaster
     Ticketmaster (Nasdaq:   TMCS) operates the world's leading ticketing
 service; selling 83 million tickets valued at more than 3.2 billion dollars,
 through approximately 3,500 retail Ticket Center outlets; 16 worldwide
 telephone call centers; and ticketmaster.com.  Ticketmaster serves more than
 6,200 clients worldwide and acts as the exclusive ticketing service for
 hundreds of leading arenas, stadiums, performing arts venues, and theaters.
 The Company also operates Citysearch (citysearch.com), a leading online local
 network enabling people to get the most out of their city, and Match.com, the
 premier online matchmaking service.  Located in Los Angeles, California,
 Ticketmaster is majority owned by USA Networks, Inc. (Nasdaq:   USAI) and is a
 division of its Information and Services unit.  Ticketmaster was formed
 through the combination of the operations of Ticketmaster Online-Citysearch
 and Ticketmaster Corporation in January 2001 and renamed Ticketmaster.
 
 SOURCE  Ticketmaster