Ticket News Announces Top Ticket Sellers for Week Ending June 28

Tag : Wire Ending
-- TicketNews announces top ticket sellers rankings for the week ending June 28, 2008.
TOP 20 OVERALL SELLERS
LiveNation's contract with Ticketmaster will end this year; already, Live Nation has demonstrated itsability to succeed without Ticketmaster. Last week, LiveNationmaintained its position in second place for the fourth consecutiveweek with a power score of 8.48, surpassing StubHub in therankings.
Over the past year, Live Nation has signed contracts withhigh-profile artists. This week, Colombian singer Shakira, one ofthe best-selling international artists in the world, announced shewould sign a contract with the Live Nation. As this contract covers touring, Live Nationwill break into the Latin and South American markets. LiveNationhas also formed deals with Madonna and Jay-Z . As a result of these contracts, the gap between Live Nation andTicketmaster is expected to get smaller.
StubHub lost its second-place position in the overall rankings, butcontinues to dominate the secondary ticket market. TicketsNow andTicketLiquidator maintained their positions in second and thirdplaces, respectively, with EventTicketsCenter in fourth place.
TOP 10 PRIMARY SELLERS
Ticketmaster continued to dominate the primary ticket market.LiveNation and Tickets.com were far behind Ticketmaster with powerscores of 13.02 and 7.91 respectively. These three ticket sellersconsistently comprise more than 90 percent of the primary ticketmarket, with clear distinctions between the three, as evidenced bypower scores.
TicketNews.com is a comprehensive resource for news, marketanalysis, event announcements, and information relating to theticket industry. TicketNews.com keeps industry professionals andfans informed about tour dates, current and pending ticket resalelegislation, rankings, onsales, and more. The content is updateddaily, with original articles from ten TicketNews.com reporters andan aggregation of 3rd party sources.
TicketNews.com developed the algorithm for the exclusive weeklyrankings of the industry's ticket sellers. Top sellers rankings andpower scores are based on web traffic received by a ticket seller'swebsite. The power score is highly correlated with the number oftransactions from the TicketNetwork Exchange(TM), the world'slargest secondary ticket market exchange. A top seller power scoreillustrates a given seller's category-specific significance. Threefactors obtained from multiple independent resources, includingcomScore and Hitwise, are used to compare sellers within aparticular category.
Top seller power scores should only be used to compare sellerswithin a particular www.ticketnews.com/ticket_industry_rankings .
TicketNetwork is the parent company of TicketNews.com.TicketNetwork.com provides leading-edge software that powers theworld's largest ticket exchange system. TicketNetworkPoint-of-Sale(TM) software provides brokers with comprehensiveonline tools to manage and grow their businesses. TicketNetworkExchange(TM) is a powerful ticketing tool that enables brokers toaccess the world's largest aggregate ticket distribution channel.TicketNetwork Web Services(TM) creates customized e-commercewebsites in both hosted and plug-in formats for customers wishing aprivate labeled solution. TicketNetwork.com was founded in 2002 andis headquartered in Vernon, Connecticut. For more information,visit www.TicketNetwork.com .