Ticketmaster Goes Indie, Kinda
Today is the first day that West Hollywood based Ticketmaster is on their own. Its parent company IAC/InterActiveCorp spun off the ticket seller and three other internet sites to make five separate publicly traded companies. At the end of the article posted on the LA Times' website, it has this little nugget about one of the most frustrating parts regarding Ticketmaster: "[The Company] may consider revamping how it presents fees and charges, if not reduce the actual costs, which vary from ticket to ticket but can amount to nearly half of face value.'The fee structure is too complex,' [CEO Sean] Moriarty said. 'We're hopeful that over the next couple of years we'll make it much more fan-friendly.'"