TKTM Ticketmaster Entertainment (MM)

Ticketmaster’s Paperless Ticket™ delivery system has successfully enabled more than one million fans to seamlessly purchase tickets and attend live events. Since launching the paperless ticketing option, Ticketmaster has worked with many of the biggest names in sports and music including Bruce Springsteen, Metallica, AC/DC, University of Florida, John Mayer, Nine Inch Nails, Pennsylvania State University, Tom Waits, the Phoenix Suns, and San Antonio Spurs to help ensure their fans had access to tickets at the original listed price. 2009 also marked the first 100% paperless arena tour, the North American leg of Miley Cyrus’s sell-out Wonder World tour.

PAPERLESS BY THE NUMBERS:

Top 5 Paperless Tickets Sold – All Events

 

Top 5 Paperless Tickets Sold - Sports

1. University of Florida 1. NHL Phoenix Coyotes

2. Miley Cyrus North American Wonder World Tour

2. WNBA Connecticut Suns 3. University of South Alabama 3. NBA Phoenix Suns 4. Western Kentucky University 4. MLB Houston Astros 5. Pennsylvania State University 5. NBA San Antonio Spurs  

Top 5 Paperless Tickets Sold - Music

Top 5 Paperless Tickets Sold - Universities

1. Miley Cyrus North American Wonder World Tour

1. University of Florida

2. AC/DC Black Ice World Tour

2. University of South Alabama

3. Bruce Springsteen and the E Street Working on a Dream Tour

3. Western Kentucky University

4. Tom Waits Glitter and Doom Tour

4. Pennsylvania State University

5. NIN Nine Inch Nails Wave Goodbye Tour

5. Louisiana Tech University

Largest Single Paperless Event:Metallica (18,000) at 02 Arena in London, September 15, 2008

Top Venues With Permanent Paperless Integration:United States: Verizon Arena, North Little Rock, Ark.Canada: MTS Centre, Winnipeg, Manitoba

Ticketmaster’s Paperless Ticket™ has proven an effective method to limit ticket resale and better provide fans with access to tickets at the original face price set by the artist, team and/or promoter. For example, while the Miley Cyrus/Hannah Montana Best of Both Worlds tour was the top resold ticket of 2007, garnering an average ticket price of more than $250 on many of the top resale sites, the 2009 North American leg of Ms. Cyrus’s sell-out Wonder World tour was 100% paperless, with an average ticket price of $68.

"The success of our paperless technology establishes another viable ticket delivery option for our clients and fans," said Dave Butler, president, Ticketmaster North America. “We feel that paperless ticketing will become far more commonplace in the near future, and now our promoter, team and artist clients know without any doubt that paperless is a great, fan-friendly option for them should they choose to embrace this technology.”

The Verizon Arena in Little Rock, Ark., was the first venue to permanently install Ticketmaster’s paperless ticketing technology. Michael Marion, general manager of Verizon Arena and a 25-year veteran of the live entertainment industry, states that paperless ticketing was “the next step of being able to help out our patrons to make sure that they pay the price that the artist wants them to pay. We’ve gotten nothing but positive feedback.” The MTS Centre in Winnipeg, Manitoba, soon followed suit to become the first Canadian venue fully equipped to embrace paperless technology.

Buying a paperless ticket is as simple as any regular ticket purchase, while helping guarantee that there’s no waiting in line at will call and no tickets changing hands. When utilizing paperless tickets, fans do not receive a physical concert ticket for their entry into the event. On the day of the event, fans just need to bring the credit card they used for the ticket purchase and their government-issued photo ID to the concert. All members of the ticket purchaser's party must be present at the same time to enter the venue. The venue's ticket usher will swipe their credit card upon entry and present each person in their party with seat locator slips for quick access into the show. For more information on paperless ticketing visit http://www.ticketmaster.com/paperless.

About Ticketmaster Entertainment, Inc.

Ticketmaster Entertainment consists of Ticketmaster and Front Line Management Group. As the world’s leading live entertainment ticketing and marketing company based on the number of tickets sold, Ticketmaster connects the world to live entertainment. Ticketmaster operates in 20 global markets, providing ticket sales, ticket resale services, marketing and distribution through www.ticketmaster.com, one of the largest e-commerce sites on the Internet; approximately 7,100 retail outlets; and 17 worldwide call centers. Established in 1976, Ticketmaster serves more than 10,000 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 2008, the Company sold more than 141 million tickets valued at over $8.9 billion on behalf of its clients. Ticketmaster Entertainment acquired a controlling interest in Front Line Management Group in October 2008. Founded by Irving Azoff and Howard Kaufman in 2004, Front Line Management Group is the world’s leading artist management company. Ticketmaster Entertainment, Inc. is headquartered in West Hollywood, California (NASDAQ:TKTM).

This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These forward-looking statements include statements relating to the Company’s anticipated financial performance, business prospects, new developments and similar matters, and/or statements that use words such as “anticipates,” “estimates,” “expects,” “intends,” “plans,” “believes” and similar expressions. As such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that may cause actual performance or results to differ materially from those in the forward-looking statements, including those risks and uncertainties related to the Company’s pending merger with Live Nation; the Company’s ability to operate effectively as a public company following its recent spin-off from IAC; changes in economic conditions generally or in the live entertainment industry; the ability of the Company to retain existing clients and obtain new clients; Ticketmaster’s ability to maintain Ticketmaster’s brand recognition and attract and retain customers in a cost-effective manner; integration of historical and future acquisitions, including the Front Line acquisition; the Company’s ability to expand successfully in international markets; changing customer requirements and industry standards; regulatory changes; and the other risks detailed from time to time in the Company’s SEC reports, including the most recent reports on Forms 10-K, 10-Q and 8-K, each as it may be amended from time to time. The Company assumes no obligation to update these forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.