Ticketmaster Statement in Response to Ontario Attorney General's Introduction of Ticket Speculation Amendment Act, 2009



    WEST HOLLYWOOD, Calif., April 29 /CNW/ -- We are disappointed with the
intention of the Ticket Speculation Amendment Act, 2009, especially in so far
as the proposed changes do nothing to enhance consumer protection.
Ticketmaster has worked to enable the fair and secure distribution of tickets
in Canada for more than 20 years, and we welcome a thorough and public
examination of how ticket distribution actually works.  Ticketmaster would
support an initiative that protects those consumers electing to purchase in
the resale market - a market created and fed by consumer demand for scarce
event tickets.  Enhanced technologies such as paperless ticketing are poised
to reshape the ticketing and live entertainment business and consumers stand
to benefit greatly, for example, from the opportunity to electronically
validate any resold tickets they choose to purchase.
    

    
    As previously explained, Ticketmaster does not own or control the tickets
to Ontario events that are sold through Ticketmaster or TicketsNow.  We sell
tickets to the public on behalf of our many sports team, venue and promoter
clients, and we host a resale marketplace where Ontarians interested in the
resale marketplace can safely purchase tickets from third parties. We are
committed to providing a transparent, secure marketplace that assures the many
Ontarians that use our Ticketmaster and Tickets Now services that the tickets
they buy are genuine and redeemable, and that their personal and financial
information is secure. We do not divert tickets to TicketsNow or provide
preferential access to the third parties who resell tickets on TicketsNow.
Like other online marketplaces and ticket resale in general, TicketsNow is
fueled by the public's demand for scarce event tickets.
    




    




For further information:

For further information: Hannah Kampf of Ticketmaster Entertainment,
+1-310-360-2434, hannah.kampf@ticketmaster.com; or Chris Winsor, Account
Director of Hill & Knowlton Canada, +1-416-413-4746,
chris.winsor@hillandknowlton.ca, for Ticketmaster

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