TicketMaster Acquiring UK Ticket Reseller Get Me In
By Joseph Weisenthal - Mon 28 Jan 2008 08:39 PM PST
IAC-owned TicketMaster is acquiring UK-based ticket reseller Get Me In, according to WSJ. The acquisition is the company’s second such purchase this month, as it recently announced a $265 million deal for TicketsNow. TicketMaster’s move into a space dominated by StubHub has raised concerns that TicketMaster, by controlling new and resale tickets, will be able to exert undue power over the market—a charge that’s been leveled at the company in different forms for a long time. Get Me In CEO Andrew Blachman was previously a consultant at Stub Hub. Terms of the purchase were not reported.
Posted in: Companies, IACI, VC+M&A, Mergers & Acquisitions
Tags: get me in, ticketmaster,
